Business

Partnerships, acquisitions and investment news throughout the cycling industry

Lyon Equipment to represent 7mesh throughout UK

7mesh Apparel has welcomed two new agencies to its team with a third expanding its territory across the US-Canada border. Lyon Equipment will be representing 7mesh throughout the UK, while Prague-based Ski a Bike Centrum Radotin will bring 7mesh to the Czech Republic and Slovakia. Canadian agency Mountain Exposure Sales …

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WiggleCRC to be acquired by Signa Sports United

The WiggleCRC Group is set to be acquired by global sports e-commerce and technology platform Signa Sports United. The platform has entered into a business combination agreement with Yucaipa Acquisition Corporation, a publicly traded special purpose acquisition company led by chairman and president Ron Burkle and CFO and COO Ira …

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ABUS acquires Italian helmet brand Max Studio S.R.L

ABUS has reached an agreement to acquire Italian helmet manufacturer Maxi Studio S.R.L. The company, based near Venice, was founded in 1993. It focuses primarily on the development and production of high-quality bicycle helmets and their components. “This is a very special milestone in the ABUS helmet history,” said Christian Bremicker, managing …

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Accell Group CSCO steps down

Accell Group chief supply chain officer (CSCO) Jeroen Both has stepped down and will leave the business at the end of 2021. He will depart after six years in the role. “This is a logical moment to hand over my tasks,” he said. “I am proud of all our accomplishments …

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CamelBak recalls US water bottles due to choking hazard

CamelBak is recalling about 60,000 of its Podium and Peak Fitness water bottles because the cap’s silicone valve can loosen and detach, posing a choking hazard. The recall involves about 46,000 bottles sold in the US, and about 13,000 sold in Canada. The affected bottles have date codes of H19039, …

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Eovolt expands production facility to ensure stock availability

Eovolt’s UK distributor Pinpoint CE has confirmed ongoing availability of the brand’s complete range of lightweight folding e-bikes to meet strong retail demand and as it looks to increase its IBD network. While supply challenges have been widely reported across the cycling channel, the French brand recently announced the doubling …

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bikeZaar to ‘rip up rulebook’ with new online marketplace

bikeZaar is set to ‘reinvent’ the online experience for customers with its new online marketplace – which it says will become the ‘largest’ single source of cycling products in the UK. The site features products from a network of marketplace sellers, affiliate networks and premium brand outlets. Utilising a unique technology …

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Pendle Bike Racks reports sales surge of trike racks

Pendle Bike Racks has reported a surge in sales of its trike racks, as people of all ages and abilities across the UK take to cycling on three wheels. Sales of its wheel support trike rack are up by a third on last year, with trikes proving increasingly popular with …

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Beeline launches Kickstarter campaign for Beeline Velo 2

Beeline has launched its Kickstarter campaign for the Beeline Velo 2, which boasts a brand new navigation interface, a larger display screen, a twist-lock mounting mechanism and improved waterproofing. The Beeline Velo 2 is also paired with the Beeline App which provides customised routes based on community feedback. Users can type …

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BikeBiz June edition is now available

The digital edition of BikeBiz June is now available online. This month, Riese & Muller UK’s Michael Gregg analyses the cargo bike scene in the UK, we sit down with capgo cable systems CEO Chris Treugut, and we catch up BikeBiz Awards 2020 retail winners Rutland Cycling and Berkshire Cycles. …

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