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Mergers/Acquisitions

Posted May 17, 2012

World Triathlon Corporation, the owner of the Ironman events and trademark, has sold its two-year-old magazine to a group of investors that includes WTC executive and former Triathlete magazine owner John Duke.

Posted in North America Tagged Mergers/Acquisitions
Posted May 9, 2012

SARATOGA SPRINGS, NY (BRAIN) Wednesday May 9 2012 5:59 PM MT—Serotta has entered into a partnership agreement with financial services firm Bradway Capital to accelerate the handcrafted bike manufacturer’s research, design and production.

Posted in North America Tagged Mergers/Acquisitions
Posted May 3, 2012

BLOOMINGTON, MN (BRAIN) Thursday May 3 2012 12:18 PM MT—Steve Flagg and Mary Henrickson have acquired a majority stake in SmartEtailing, developer of websites and software for more than 1,000 U.S. specialty bike dealers.

Posted in North America Tagged Mergers/Acquisitions
Posted May 1, 2012

CHATTANOOGA, TN (BRAIN) Tuesday May 1 2012 3:38 PM MT—Peter Hurley, currently CEO and president of American Bicycle Group, has acquired a majority interest in the company, ABG announced Tuesday.

Posted in North America Tagged Mergers/Acquisitions
Posted April 27, 2012

CLOPPENBURG, Germany (BRAIN) Friday April 27 2012 3:05 PM MT—Derby Cycles’ license to sell Raleigh in parts of Europe will continue even as one of its primary competitors, Accell Group, takes over ownership of the British brand.

Posted in North America Tagged Mergers/Acquisitions
Posted April 26, 2012

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.

Posted in North America Tagged Mergers/Acquisitions
Posted April 26, 2012

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.

Posted in North America Tagged Mergers/Acquisitions
Posted April 4, 2012

NUNSPEET, Netherlands (BRAIN) Wednesday April 4 2012 9:16 AM MT—Shimano Europe Holding has bought Bike Fitting BV, a 25-year-old Dutch company that develops bike fit measuring instruments.

Posted in International Tagged Mergers/Acquisitions
Posted April 3, 2012

SEATTLE, WA (BRAIN) Tuesday April 3 2012 4:39 PM MT—The sun never sets on Raleigh, a 125-year-old company with operations across the British Commonwealth and beyond.

Posted in North America Tagged Mergers/Acquisitions
Posted April 3, 2012

HEERENVEEN, Netherlands (BRAIN) Tuesday April 3 2012 7:27 AM MT—Accell Group is in talks to buy Raleigh Cycle Limited, the owner of the Raleigh, Avenir and Diamondback brands.

Posted in North America Tagged Mergers/Acquisitions
Posted March 29, 2012

Editor's note: The following article appears in the March 15 issue of Bicycle Retailer & Industry News.

By Steve Frothingham

Posted in North America Tagged From the Magazine / Mergers/Acquisitions
Posted February 23, 2012

BAY SHORE, NY (BRAIN) Feb 23, 12:19 MT— White Lightning has bought the company that markets the Chain Condom, a product designed to protect car interiors from bike chains. White Lightning is renaming the product the Chain Johnny.

Posted in North America Tagged Mergers/Acquisitions
Posted February 19, 2012

On Friday, after months of negotiations, Cervélo founders and owners Phil White and Gerard Vroomen sold their 16-year old company to Pon Holdings, the Dutch company that also owns Germany's Derby Cycle and the Holland's Gazelle.

Posted in North America Tagged Mergers/Acquisitions
Posted February 17, 2012

ALMERE, Netherlands/TORONTO, Canada (BRAIN) Feb 17, 1:00 MT—Pon Holdings announced today that it has finalized negotiations that began in December to acquire Cervélo Cycles.

Posted in North America Tagged Mergers/Acquisitions
Posted February 14, 2012

TORONTO, Canada (BRAIN) Feb 14, 14:10 MT—Cervélo's relationship status with Pon Holdings remains, to use Facebook terminology, complicated.

Posted in North America Tagged Mergers/Acquisitions
Posted February 9, 2012

EINDHOVEN, Netherlands (BRAIN) Feb 9, 14:13 MT— The Dutch owners of Lake Cycling have sold the shoe brand to Lake Cycling International B.V., a newly formed company also based in the Netherlands.

Posted in North America Tagged Mergers/Acquisitions
Posted February 7, 2012

NOVATO, CA (BRAIN) Feb 7, 11:58 MT—A new owner at Marin Bikes will allow the 26-year-old company to invest in "a little of everything," a company executive told BRAIN Tuesday morning.

Posted in North America Tagged Mergers/Acquisitions
Posted January 31, 2012

HELSINKI, Finland (BRAIN) Jan 31, 14:32 MT— Mavic ended 2011 up 14 percent in sales, following fourth quarter growth of 17 percent, according to earnings released Tuesday by its parent company Amer Sports.

Posted in North America Tagged Mergers/Acquisitions
Posted January 30, 2012

HUTTWIL, Switzerland (BRAIN) Jan 30, 12:32 MT—

Posted in North America Tagged Mergers/Acquisitions
Posted January 26, 2012

HONG KONG (BRAIN) Jan 26, 16:21 MT—Pryde Group, the parent company of Neil Pryde bikes, announced this week its acquisition of Imagine Surf, a player in the stand-up-paddle industry.

Posted in North America Tagged Mergers/Acquisitions

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