Cycleurope to close Denmark factory

Some production to move to Asia, says firm
Author:
Publish date:
221_mypictr_185x185.jpg

Cycleurope is cutting the number of its factories on the continent, according to this story on BikeEurope.

The Denmark production site is to be closed, leaving four other sites in Europe in France, Italy and Sweden. Business from the Denmark site will go to the factories in Romilly, France and Varberg, Sweden and also to factories in Asia.

The firm, headquartered in Stockholm and Varberg, Sweden, is reported to be closing the Denmark facility this year.

In a letter to suppliers last week, Cycleurope president and CEO Tony Grimaldi, said: “To meet the increasing competition on the bicycle market, we will close our Kildemoes facility in Denmark. The production in Denmark will be moved to our factories in Romilly, France, and Varberg, Sweden, We will also outsource some volumes to Asia.”

“Our new strategy enables us to rationalise the production and to offer more competitive products in the future. The first step is to concentrate our e-Bike production in France while Sweden will focus on the development of the classic and city bike segments.”

Featured Jobs

cls logo_jpg 600x348

Bike Mechanic

Club La Santa I Lanzarote, Canary Islands I Competitive Salary & Benefits I Date Published Monday 7th January 2019

LTR coral logo 620x349

Local Project Manager (x3 roles)

Love to Ride I North East Lincolnshire, Slough, Southampton I Salary: £32,500 equivalent (PT, temporary) I Date Published Monday 7th January 2019

Logo stacked

Head of Marketing

Brompton I West London I Salary Competitive I Date Published Wednesday 9th January 2019

BE2016_googlelogo

Senior Sales Executive

BikeExchange I UK Nationwide I Salary TBC Depending on level of experience I Date published Wednesday 16th January 2019