Mergers, Acquisitions & Investments

Luxottica Buys One-Time Rival Oakley Eyewear

Posted October 16, 2007

BY SEAN HONG

MILAN, Italy--Oakley, the Southern California eyewear maker that American pro cyclists Greg LeMond and Andy Hampsten helped popularize during the 80s, will merge with former rival Luxottica Group later this year.

Ultra Motor Buys American Electric Cycle

Posted October 16, 2007

SUFFOLK, England (BRAIN)—Ultra Motor, a British e-bike manufacturer, has acquired American Electric Cycle and Fitness, a company owned by longtime e-bike veterans Ed Benjamin and Mike Fritz.

SRAM To Acquire Zipp Wheels

Posted October 16, 2007

CHICAGO, IL (BRAIN)—SRAM and Zipp have signed a non-binding letter of intent for SRAM to acquire Zipp. The acquisition is expected to be completed within 60 days.

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