Mergers & Acquisitions

Posted November 3, 2017
VF owns Vans, The North Face and Smart Wool

GREENSBORO, N.C. (BRAIN) — VF Corporation has signed a purchase agreement with New Zealand-based wool clothing company Icebreaker Holdings, Ltd.

VF already owns The North Face, Vans, Smart Wool, Timberland and Lee. 

Posted October 18, 2017
Media giant acquires the owner of Bicycling, Runner's World, Men's Health and other titles.

NEW YORK (BRAIN) — Hearst has agreed to acquire the magazine and book businesses of Rodale, the parent of Bicycling magazine and 92 other titles.

Posted October 13, 2017
The home of VeloNews and VeloPress in Boulder.

BOULDER, Colo. (BRAIN) — The World Triathlon Corporation has sold VeloNews, along with Triathlete and other media titles, to Pocket Outdoor Media, a company founded by Felix Magowan, a previous owner of VeloNews. The sale was finalized late Thursday.

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 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 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 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 August 7, 2017

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

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 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 June 19, 2017

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

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