Mergers & Acquisitions
ZURICH (BRAIN) — Accell Group has sold Protanium, a pedelec development brand, and Diavelo, an associated pedelec bike brand, to a new Swiss company headed by pedelec entrepreneur Karin Vogelsanger.
MINNEAPOLIS (BRAIN) — Quality Bicycle Products has announced the purchase of the Frame Saver brand from Echelon Performance Products.
COLORADO SPRINGS, Colo. (BRAIN) — Quality Bicycle Products has agreed to acquire Barnett Bicycle Institute from the National Bicycle Dealers Association for an undisclosed amount.
BEND, Ore. (BRAIN) — The Robert Axle Project, which manufacturers aftermarket thru axles, has purchased Old Man Mountain Products, which makes racks for suspension mountain bikes. The two brands will operate as separate brands, but both will be based in Bend, Oregon.
PETALUMA, Calif. (BRAIN) — Australian consumer-direct retailer Bicycles Online has entered the North American market with an exclusive partnership with Polygon Bikes.
VIMPERK, Czech Republic (BRAIN) — Rouvy, a virtual riding platform, has acquired UK-based CycleRecon and its route video recording business
ATLANTA (BRAIN) — Wahoo Fitness acquired training platform The Sufferfest, continuing a trend of consolidation in the indoor cycling and training world.
ANOKA, Minn. (BRAIN) — Vista Outdoor, owner of Bell, Giro, CamelBak and other bike-related brands, has completed the sale of its Savage Arms and Stevens firearms brands for $170 million to Long Range Acquisition LLC.
STOCKHOLM (BRAIN) — MIPS has agreed to purchase the GlideWear brand and patent rights associated with the GlideWear technology from Tamarack Habilitation Technologies, Inc. for about $1 million.
SPARTANBURG, S.C. (BRAIN) — Milliken & Company, a textile manufacturer, has signed a definitive agreement to acquire Polartec, a fabric supplier to the markets including outdoor and cycling.
GIVISIEZ, Switzerland (BRAIN) — Scott Sports has announced "a strategic collaboration" with Bold Cycles, a Swiss brand founded in 2015 known for its innovative carbon full suspension frames, which feature fully enclosed rear shocks.
STOCKHOLM (BRAIN) — MIPS has acquired the Canadian helmet technology brand Fluid Inside and its related patent rights. MIPS said the acquisition builds its product offerings with technology that addresses both linear and rotational motions.
ANOKA, Minn. (BRAIN) — Vista Outdoor, Inc. is continuing to back away from its previously announced plans to sell off its Bell and Giro businesses.
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