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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—EGS Investment has acquired a
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 it owns it?

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

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