Industry News

Cinelli Supercorsa.

MILAN, Italy (BRAIN) — Asobi Ventures Inc. acquired a majority share of Gruppo Srl, the parent company of bike brand Cinelli and tube manufacturer Columbus. The companies did not disclose transaction terms.

Tagged Mergers, Acquisitions & Investments

LONDON (BRAIN) — Global private equity firm Rhône announced Wednesday it will make a "significant" equity investment in Wahoo Fitness. The transaction is expected to be completed in the third quarter.  Additional financial terms were not disclosed.

Tagged Mergers, Acquisitions & Investments

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products will be the sole distributor of Benno bicycles, parts and accessories to specialty bicycle retailers in the U.S. beginning with the brand's model year 2022.

Tagged Distributor news / Electric bike

SALT LAKE CITY (BRAIN) — Italy's Extreme Racing Shox has a new U.S. distribution arm called EXT USA, which is being led by longtime suspension tuner Cody Priano.

Priano, the CEO of EXT USA, also owns Suspension Syndicate, a suspension tuning company based in Salt Lake City. 

Tagged Distributor news

WASHINGTON (BRAIN) — A National Park Service memorandum Wednesday recommended parks that allow e-bikes the same access as traditional bikes to review that decision, citing ongoing litigation contesting the legality of a 2020 policy change.

Tagged Electric bike

WATERLOO, Wis. (BRAIN) — Trek Bicycle announced its first-year results from incorporating lower-impact and recyclable materials in its bike packaging. Targeting plastic waste, Trek said it removed 433,600 pounds of plastic from bike boxes and Bontrager accessory packaging.

Tagged DEI and Sustainability

CHICAGO (BRAIN) — CABDA will hold an Industry Summit at Disney World in Florida this November, resuming plans for the inaugural event that was canceled due to COVID-19 last year. 

The Summit will be Nov. 1-2.

Tagged CABDA / Tradeshows and conferences
Image from the 2019 edition of IAA Mobility.

MUNICH, Germany (BRAIN) — IAA Mobility, a conference planned for September in Munich, has confirmed several new brand participants, including SRAM, Schwalbe, Supernova, ABUS, EVOC and others.

Tagged Electric bike / Tradeshows and conferences / Eurobike

BENTONVILLE, Ark. (BRAIN) — Organizers of the Cycle of Influence summit, planned for Bentonville Oct. 13-15, have announced participants in its industry panel discussion.

Tagged Tradeshows and conferences

VANCOUVER, British Columbia (BRAIN) — Mobile service franchiser Velofix is now providing an assembly and delivery program for QuietKat, the Colorado-based e-bike brand that was recently acquired by Vista Outdoor.

Tagged Electric bike
Ridepander co-owners Chinmay Malaviya, left, and Charlie Depman.

SAN FRANCISCO (BRAIN) — E-commerce company Ridepanda announced it received a combined $3.75 million in financing from investors to help meet demand for its electric vehicles, which include e-bikes.

Tagged Electric bike
Two German expo companies form joint venture; Frankfurt show to increase focus on urban mobility.
This September will be the last Eurobike planned for the Messe Friedrichshafen.

FRIEDRICHSHAFEN, Germany (BRAIN) — The Eurobike expo will move from its longtime home in this small city on Lake Constance to the major hub of Frankfurt for 2022.

Tagged Tradeshows and conferences / Eurobike

PARK CITY, Utah (BRAIN) — Amp Human, manufacturer of PR Lotion, is planning a merger with Momentous, a performance nutrition company.

Tagged Mergers, Acquisitions & Investments
Ben Smith, left, and John Abrahams co-founded Hiplok 10 years ago.

LEAMINGTON SPA, United Kingdom (BRAIN) — Hiplok began a decade ago with the idea to make a wearable lock for a simple and convenient way to secure your bike. In those past 10 years, much has changed — and so has Hiplok.

Tagged From the Magazine
ABC's revised Cook Bros product lineup.

ANAHEIM, Calif. (BRAIN) — A Patent and Trademark Office board has cleared the way for American BMX Company to register the dead trademark for "Cook Bros. Racing," the pioneering BMX and mountain bike brand. The trademark's previous owner had objected to ABC's move to take ownership of the Old School brand.

LOS ANGELES (BRAIN) — Micromobility company Bird will enter the bike-sharing market this year with a line of pedal-assist e-bikes and a Smart Bikeshare platform.

Tagged Electric bike
What would it mean to the industry?

TAICHUNG CITY, Taiwan (BRAIN) — China's recent saber-rattling might have temporarily drowned out the buzz of freehubs in Taiwan, a country home to many manufacturers and U.S. industry expatriates, but it hasn't triggered alarms about impending conflict between the countries.

Tagged From the Magazine
The Intense 951.

TEMECULA, Calif. (BRAIN) — Intense Cycles is launching a new series of bikes that is being sold through multiple channels, including consumer-direct, IBD, and through 

Tagged Supply chain

MONTRÉAL (BRAIN) — Starting Sept. 1, Montréal's Arg Sports Inc. will distribute Sidi products in the Canadian market.

Arg Sports will service IBDs and sell direct to consumers and through e-commerce vendors at MAP pricing, the company said.

Tagged Distributor news

MIAMISBURG, Ohio (BRAIN) — United Wheels Inc. has integrated an option into two of its bicycle brands' checkout pages that will offer e-commerce customers professional assembly options through Beeline Connect.


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