Mergers & Acquisitions

Posted October 5, 2017

CARLSBAD, Calif. (BRAIN) — Triathlon apparel brand Zoot Sport has new ownership. Industry veterans and former Zoot Sports employees Shawn O'Shea and Dan Weatherford have purchased the brand back from Newell Brands and have moved the brand back to Carlsbad.

Posted in Industry News Tagged Mergers & Acquisitions
Posted September 28, 2017

STUTTGART, Germany (BRAIN) — Bosch eBike Systems has agreed to purchase COBI, a connected biking startup that allows cyclists to use their smartphone as an e-bike control and display unit.

Posted in International Tagged Electric bike / Mergers & Acquisitions
Posted September 12, 2017

AMERICAN FORK, Utah (BRAIN) — Grip and handlebar tape manufacturer Lizard Skins has completed a deal to acquire Oury Grips, which also makes grips for bicycles and powersports.

Oury has been designing and manufacturing grips since 1968, while Lizard Skins celebrates its 25th anniversary in January.

Posted in Industry News Tagged Mergers & Acquisitions
Posted September 8, 2017

NOVATO, Calif. (BRAIN) — Mike's Bikes, which has 12 locations in Northern California, is acquiring Public Bikes, a San Francisco-based brand that sells city bikes and accessories online and through a limited number of brick-and-mortar stores.

Posted in North America Tagged Mergers & Acquisitions
Posted August 7, 2017

LONDON (BRAIN) — Rapha has announced that U.S.-based RZC Investments is now the majority shareholder in the business.

Posted in International Tagged Mergers & Acquisitions
Posted July 20, 2017

OLATHE, Kan. (BRAIN) — Garmin has acquired Alphamantis Technologies Inc., a Montréal company that does aerodynamics testing and develops measurement technology for the cycling industry.

Posted in International Tagged Mergers & Acquisitions
Posted June 23, 2017

PAAL-BERINGEN, Belgium (BRAIN) — Race Productions NV, parent company of Ridley, is taking over Belgian brand Eddy Merckx. Bart van Muylder, CEO of Diepensteyn NV and owner of Eddy Merckx Cycles, said that the company’s limited scale has had a negative impact on its purchase and sales prices.

Posted in International Tagged Mergers & Acquisitions
Posted June 19, 2017

VANCOUVER, British Columbia (BRAIN) — Lululemon Athletica has made a minority investment in cycling apparel company 7mesh Industries.

Posted in North America Tagged Mergers & Acquisitions
Posted June 19, 2017

WATERLOO, Wis. (BRAIN) — Trek Bicycle said it’s adding 100 new retail jobs to the Philadelphia-area as the company looks to bolster its employee base after its recent acquisition of 12 Bike Line locations. The positions — which include various sales and service roles — are new and will be an addition to the current employee base at Bike Line’s locations.

Posted in Retail News Tagged Mergers & Acquisitions
Posted June 19, 2017

PORTLAND, Ore. (BRAIN) — Framebuilder Supply has purchased Bikelugs.com and production rights and tooling for the framebuilding products designed by Kirk Pacenti, including his fork crowns and lugs.

Posted in North America Tagged Mergers & Acquisitions
Posted June 6, 2017

PORTLAND, Ore. (BRAIN) — Stages Indoor Cycling has acquired VismoX, a group cycling software platform developed by Virtual Cycling AS of Norway.

Stages has been the global distributor for VismoX and the acquisition is effective immediately.

Posted in North America Tagged Mergers & Acquisitions

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