Mergers & Acquisitions

Posted July 9, 2008

ENSCHEDE, Netherlands (BRAIN)—Amtel-Vredestein, the Netherlands automotive and bicycle tire maker, has agreed to be acquired by Sibur Holding, owner of Sibur Russian Tires, in a $370 million deal that assures the financially troubled Dutch company’s future.

Posted June 26, 2008

MONTREAL, Quebec (BRAIN)—Dorel Industries' Pacific Cycle division has acquired the assets of PTI Sports, a leading U.S. designer, manufacturer and distributor of bicycle parts, helmets and other accessories, for $28.1 million (USD).

Posted May 18, 2008

GOLDEN, CO (BRIAN)—Spot Brand, manufacturers of single-speed bikes and carbon belt drive systems, has added Maverick’s full-suspension product line to its offerings.

Maverick founders Paul Turner and Frank Vogel will still be involved with future Maverick designs.

Posted April 21, 2008

OKLAHOMA CITY, OK (BRAIN)—BikeMine has a new owner. Vittoria Industries has bought its American distributor creating a new company, Vittoria Industries North America.

Posted April 17, 2008

WILMINGTON, MA (BRAIN)—Sports Adventures International S.A., a newly formed Swiss investment group, has acquired Pedro’s from its parent company, Swix Sport USA.

The terms of the deal, which becomes effective May 1, were kept private.

Posted March 30, 2008

NEW BRUNSWICK, Quebec (BRAIN)—Barrett Corporation, a privately held international management Company, has become the majority shareholder in Cycles Lambert.

Roynat Capital now retains a significant minority interest in Cycles Lambert.

Posted March 25, 2008

HUNTINGDON VALLEY, PA (BRAIN)—A.T. Cross has closed an all cash transaction to purchase Native Eyewear, the maker of sport performance sunglasses and goggles.

Posted March 17, 2008


IRVINE, CA—News that Shimano snapped up Pearl Izumi from Nautilus last month caught most of the industry by surprise.

Posted March 9, 2008

TEMPE, AZ (BRAIN)—GAI Cycles of Phoenix has acquired 100 percent ownership in Titus Cycles from Vyatek Sports.

Posted February 29, 2008


MONTREAL, Quebec—When Dorel Industries purchased Cannondale early last month the industry’s top tier became a little more crowded and competitive.

Dorel had no problem throwing down the gauntlet either.

Posted February 27, 2008

HEERENVEEN, Netherlands (BRAIN)–Accell Group is buying Ghost Mountainbikes, a high-end German bicycle brand, adding yet another premium bike company to its ever-growing corporate portfolio.

Posted February 19, 2008

CHATSWORTH, CA (BRAIN)—Currie Technologies has been acquired by Risk equity Partners, a California-based investment group.

Posted February 19, 2008

IRVINE, CA (BRAIN)—Shimano has purchased Dash America, Pearl Izumi’s parent company, from Nautilus. Pearl Izumi becomes a wholly owned subsidiary of Shimano’s U.S. operations, and will continue to operate from its facilities in Broomfield, Colorado and Kirchzarten, Germany.


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