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 Industry News 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 Industry News 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 Industry News Tagged Mergers & Acquisitions
Posted May 24, 2017

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions, the parent of Interbike and Outdoor Retailer, has acquired the SIA Snow Show for approximately $16 million. Emerald plans to merge the SIA Snow Show with Outdoor Retailer to become the Outdoor Retailer + Snow Show, with the first combined show held in January 2018 in Denver, Colorado.

Posted in Industry News Tagged Mergers & Acquisitions / Tradeshows and conferences
Posted February 22, 2017

PRZASNYSZ, Poland (BRAIN) —Kross S.A., the largest Polish bike manufacturer, has purchased Multicycle, a Dutch e-bike brand that declared bankruptcy last year.

Posted in International Tagged Electric bike / Mergers & Acquisitions
Posted February 2, 2017
BRAIN photo.

ARLINGTON, Va. (BRAIN) — Trek Bicycle has acquired Revolution Cycles, with locations in and around Washington, D.C. Nearby Trek dealers are mostly positive about the move.

Posted in Retail News Tagged Mergers & Acquisitions
Posted February 1, 2017

PORTLAND, Ore. (BRAIN) — The online bike registry platform Project 529 has acquired the National Bike Registry and is integrating the two programs, which have nearly 400,000 bikes in their combined registries.

Posted in North America Tagged Mergers & Acquisitions
Posted January 10, 2017
Dutch conglomerate expands e-bike brand mix.
Adam Vollmer and the Faraday Porteur at the Interbike 2014 show

ALMERE, The Netherlands (BRAIN) — Pon Holdings, owner of several bike brands including Cervélo, Gazelle, Focus and Santa Cruz, has acquired lifestyle e-bike company Faraday Bicycles. The purchase price was not disclosed.

Posted in North America Tagged Electric bike / Mergers & Acquisitions

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