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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
Posted December 12, 2011

HEEREVNVEEN, Netherlands (BRAIN)— Accell Group N.V., the Dutch group that owns Seattle Bike Supply as well as the Batavus, Koga, Sparta, and other European specialty brands, has bought Van Nicholas, a Dutch titanium bike manufacturer.

Posted in North America Tagged Mergers/Acquisitions
Posted December 7, 2011

PORTSMOUTH, UK (BRAIN)—Online UK bike retailer Wiggle has been acquired by European private equity firm Bridgepoint for 180 million British pounds ($282.5 million).

Posted in North America Tagged Mergers/Acquisitions
Posted December 6, 2011

VISTA, CA (BRAIN)—Leemarc Industries, parent company of Canari Cyclewear, is the new owner of women’s cycling apparel brand Shebeest, company officials confirmed with Bicycle Retailer Tuesday.

Posted in North America Tagged Mergers/Acquisitions
Posted November 9, 2011

GRENCHEN, Switzerland (BRAIN)—BMC’s Andy Rihs and e-bike brand Stromer’s Thomas Binggeli have joined their companies under one banner, International Sport Holding (ISH). In doing so, the pair hope to give Swiss technology and manufacturing a boost in the international market.

Posted in North America Tagged Mergers/Acquisitions
Posted November 9, 2011

TUCSON, AZ (BRAIN)—Genuine Innovations is now a part of Illinois Tool Works (ITW), which runs 840 businesses in 57 countries and is one of the nation’s largest companies.

Posted in North America Tagged Mergers/Acquisitions
Posted November 3, 2011

HERZOGENAURACH, Germany (BRAIN)—Adidas announced Thursday that it signed a share purchase agreement to acquire outdoor action sports brand Five Ten.

Posted in North America Tagged Mergers/Acquisitions
Posted November 1, 2011

CLOPPENBURG, Germany (BRAIN)—Derby Cycle management board issued its opinion Tuesday supporting Pon Holding’s takeover offer, a key step before the transaction closes.

Posted in North America Tagged Mergers/Acquisitions
Posted October 14, 2011

FORT COLLINS, CO (BRAIN)—Swobo is moving from Santa Cruz, California, to Fort Collins, Colorado, as the brand re-launches under new ownership, according to a report by the Coloradoan.com.

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

PARK CITY, UT (BRAIN)—Backcountry.com has acquired CompetitiveCyclist.com and its family of specialty retail stores.

Posted in North America Tagged Web/Internet / Mergers/Acquisitions
Posted August 1, 2011

By Jason Norman

GILBERT, AZ—One organization is based in the West; the other is based in the East. One is for-profit; the other is a nonprofit.

Posted in North America Tagged Mergers/Acquisitions

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