Mergers & Acquisitions

Posted November 15, 2013

PAAL-BERINGEN, Belgium (BRAIN) — Ridley co-owner and CEO Jochim Aerts and an investment group have bought out the Kumpen family's share of the Belgium bike brand.

Posted in International Tagged Mergers & Acquisitions
Posted November 14, 2013

BALTIMORE, MD (BRAIN) — Sports clothing brand Under Armour has paid $150 million for MapMyFitness, the digital fitness mapping company that claims to have more than 20 million registered users. 

Posted in Industry News Tagged Mergers & Acquisitions
Posted November 7, 2013

SCOTTS VALLEY, CA (BRAIN) — Fox has completed the acquisition of its German distributor and service center, Toxoholics GmbH, for $2.3 million, the company told investors on an earnings call Wednesday. 

Posted in International Tagged Mergers & Acquisitions / Distributor news
Posted October 22, 2013

MONTREAL, Quebec (BRAIN) — Dorel announced Tuesday that its Cannondale brand acquired a majority ownership of the Cannondale Pro Cycling team and Brixia Sports and that it had ended discussions with Tinkoff Credit Systems.

Posted in Industry News Tagged Mergers & Acquisitions / Racing & Sponsorship
Posted October 22, 2013

SAN MATEO, CA (BRAIN) — Action camera giant GoPro has acquired website and software developer General Things, Inc.

Posted in Industry News Tagged Mergers & Acquisitions
Posted October 15, 2013

BOULDER, CO (BRAIN) — The NPD Group has agreed to buy Leisure Trends Group, a Boulder-based market research company that tracks retail and wholesale sales and inventory figures in the bike industry.

Posted in Industry News Tagged Mergers & Acquisitions
Posted September 17, 2013

LAS VEGAS, NV (BRAIN) — As Interbike opens Wednesday, Jamis is releasing the news that it has bought the cruiser brand Nirve Sport.

Posted in Industry News Tagged Mergers & Acquisitions / Interbike
Posted September 17, 2013

Editor's note: This article, originally published in September 2013, has been edited to clarify that LeMond LLC did not acquire Time USA, but had become the exclusive distributor of Time frames and bikes in the U.S., as well as a non-exclusive distributor of Time pedals.

Posted in Industry News Tagged Mergers & Acquisitions / Interbike / Distributor news
Posted September 11, 2013

INDIANAPOLIS, IN (BRAIN) — Joshua Poertner, the former technical director of Zipp Speed Weaponry, has purchased the legendary Italian pump brand, Silca, and plans to relocated the brand and all its production to Indianapolis.

Posted in International Tagged Mergers & Acquisitions
Posted August 6, 2013

MILAN, Italy (BRAIN)—Luxottica Group reported for a second straight quarter that strong performance in its wholesale division, which includes Southern California-based Oakley, helped propel improved sales for the Italian eyewear company.

Posted in International Tagged Mergers & Acquisitions / Earnings/Financial Reports
Posted July 2, 2013

BEVERLY, MA (BRAIN) — New Wave AB, the Sweden-based owner of the Craft clothing brand, has bought North American distribution rights to the brand from Karhu North America, which had been distrbuting Craft here since 1999.

Posted in Industry News Tagged Mergers & Acquisitions / Distributor news

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