News

Florida dealers association donates decals for police cars • Tern partners with Munich Transport Authority • Illinois judge rejects 'Amazon tax'
HELSINKI, Finland (BRAIN) Friday April 27 2012 11:06 AM MT—Amer Sports, parent company of Mavic, is reporting a net sales increase of about 7 percent in the first quarter.

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Eastern Bikes adds dealer locator to website • Paul Turner hosts bike race on Hawaii property • LAVA magazine to make newsstand debut next month • SRAM extends Tour of the Gila sponsorship • Raleigh offers bike-to-school scholarships in Ohio

BRUSSELS, Belgium (BRAIN) Thursday April 26 2012 4:44 PM MT—E-bikes with a motor output of up to 500 watts and pedal assistance of up to 25 kilometers will now be classified as bicycles instead of mopeds in Switzerland.
BUNNIK, the Netherlands (BRAIN) Thursday April 26 2012 4:41 PM MT—A consumer survey conducted by Dutch trade organization BOVAG found that 84 percent of shoppers prefer to buy new bikes at a specialist bike shop.
BOULDER, CO (BRAIN) Thursday April 26 2012 10:51 AM MT—Hugh Walton is joining Mavic, Inc., the brand's U.S subsidiary, as general manager.
WASHINGTON, DC (BRAIN) Thursday April 26 2012 9:55 AM MT—Raleigh America president Steve Meineke said the brand's acquisition by Accell Group will allow it to return to the top tier of U.S. bike brands.

LONDON, UK (BRAIN) Thursday April 26 2012 6:15 AM MT—Accell Group NV has completed its purchase of Raleigh Cycle Ltd., one of the oldest and largest bike companies in the world, for about $80 million.
SHANGHAI, China (BRAIN) Wednesday April 25 2012 8:55 PM MT—The China Cycle Show starts Thursday in Shanghai in its largest form ever with 5,900 booths and 1,300 exhibitors in 1.3 million square feet of space at the city’s New International Expo Center.

DISS, UK (BRAIN) Wednesday April 25 2012 1:20 PM MT—Steve Domahidy, a co-founder and former head of R&D at Niner Bikes, has joined bf1systems, a British motorsports company that last year introduced an innovative road bike prototype, the Factor 001.
CLOPPENBURG, Germany (BRAIN) Wednesday April 25 2012 11:48 AM MT—Derby Cycle AG's chief financial officer Uwe Bögershausen is stepping down May 31 and will be replaced by Reiner Brüls. Brüls was most recently CFO of J. Müller AG, Brake.