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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
Posted January 23, 2012

VISTA, CA (BRAIN) Jan 23, 12:42 MT — Raleigh America has signed a multi-year global licensing agreement with LifeCore Fitness whereby it’s transferring the operation of its Diamondback Fitness division to the Vista, California, company.

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

KETCHUM, ID (BRAIN)—What will Scott Sports do with the Syncros brand now that

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

KETCHUM, ID (BRAIN)—Scott Sports has bought the components and accessories brand Syncros from Ritchey Design, Scott and Ritchey announced Tuesday.

Scott said the brand, most recently known for its downhill mountain biking products, will be expanded into the road and cross-country markets.

Posted in North America Tagged Mergers/Acquisitions
Posted December 23, 2011

Dutch conglomerate Pon, which recently bought Derby Cycle, has agreed to 'a financing arrangement' with Cervélo and has retained an exclusive option to purchase the Canadian company.

Cervélo announced the agreement late Friday on its website:

Posted in North America Tagged Mergers/Acquisitions
Posted December 22, 2011

CHATSWORTH, CA (BRAIN)—Those who have been patiently plugging away at e-bike sales in the U.S. hope Dutch juggernaut Accell Group’s entry into the market will be the shot in the arm the industry needs to jumpstart the sluggish category.

Posted in North America Tagged Mergers/Acquisitions
Posted December 19, 2011

HELSINKI, Finland (BRAIN)—Amer Sports, the Finnish owner of Mavic, will acquire women’s snowboard apparel brand Nikita as part of its priority to grow faster in soft goods.

Amer also owns Salomon, Wilson, Atomic, Arc’teryx, Precor and Suunto.

Posted in North America Tagged Mergers/Acquisitions
Posted December 15, 2011

ALMERE, Netherlands (BRAIN)—Pon Holdings now controls 92 percent of Derby Cycle Werke with the recent close of a second acceptance period of the Dutch company’s voluntary takeover offer.

Posted in North America Tagged Mergers/Acquisitions

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