Mergers, Acquisitions & Investments

Ultra Motor Buys American Electric Cycle

Posted October 16, 2007

SUFFOLK, England (BRAIN)—Ultra Motor, a British e-bike manufacturer, has acquired American Electric Cycle and Fitness, a company owned by longtime e-bike veterans Ed Benjamin and Mike Fritz.

SRAM To Acquire Zipp Wheels

Posted October 16, 2007

CHICAGO, IL (BRAIN)—SRAM and Zipp have signed a non-binding letter of intent for SRAM to acquire Zipp. The acquisition is expected to be completed within 60 days.

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