Mergers & Acquisitions

Posted March 29, 2012

Editor's note: The following article appears in the March 15 issue of Bicycle Retailer & Industry News.

Posted February 23, 2012

BAY SHORE, NY (BRAIN) Feb 23, 12:19 MT— White Lightning has bought the company that markets the Chain Condom, a product designed to protect car interiors from bike chains. White Lightning is renaming the product the Chain Johnny.

Posted February 19, 2012

On Friday, after months of negotiations, Cervélo founders and owners Phil White and Gerard Vroomen sold their 16-year old company to Pon Holdings, the Dutch company that also owns Germany's Derby Cycle and the Holland's Gazelle.

Posted February 17, 2012

ALMERE, Netherlands/TORONTO, Canada (BRAIN) Feb 17, 1:00 MT—Pon Holdings announced today that it has finalized negotiations that began in December to acquire Cervélo Cycles.

Posted February 14, 2012

TORONTO, Canada (BRAIN) Feb 14, 14:10 MT—Cervélo's relationship status with Pon Holdings remains, to use Facebook terminology, complicated.

Posted February 9, 2012

EINDHOVEN, Netherlands (BRAIN) Feb 9, 14:13 MT— The Dutch owners of Lake Cycling have sold the shoe brand to Lake Cycling International B.V., a newly formed company also based in the Netherlands.

Posted February 7, 2012

NOVATO, CA (BRAIN) Feb 7, 11:58 MT—A new owner at Marin Bikes will allow the 26-year-old company to invest in "a little of everything," a company executive told BRAIN Tuesday morning.

Posted January 31, 2012

HELSINKI, Finland (BRAIN) Jan 31, 14:32 MT— Mavic ended 2011 up 14 percent in sales, following fourth quarter growth of 17 percent, according to earnings released Tuesday by its parent company Amer Sports.

Posted January 30, 2012

HUTTWIL, Switzerland (BRAIN) Jan 30, 12:32 MT—EGS Investment has acquired

Posted January 26, 2012

HONG KONG (BRAIN) Jan 26, 16:21 MT—Pryde Group, the parent company of Neil Pryde bikes, announced this week its acquisition of Imagine Surf, a player in the stand-up-paddle industry.

Posted January 23, 2012

VISTA, CA (BRAIN) Jan 23, 12:42 MT — Raleigh America has signed a multi-year global licensing agreement with LifeCore Fitness whereby it’s transferring the operation of its Diamondback Fitness division to the Vista, California, company.

Posted January 3, 2012

KETCHUM, ID (BRAIN)—What will Scott Sports do with the Syncros brand now that it owns it?

Posted January 3, 2012

KETCHUM, ID (BRAIN)—Scott Sports has bought the components and accessories brand Syncros from Ritchey Design, Scott and Ritchey announced Tuesday.

Scott said the brand, most recently known for its downhill mountain biking products, will be expanded into the road and cross-country markets.

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