Business

Partnerships, acquisitions and investment news throughout the cycling industry

Huffy bids for Schwinn/GT

The Huffy Corporation of America has started the ball rolling in the purchase of the trademarks and selected cycling assets of the Schwinn/GT Corp. It's bidding $60m. The deal includes the UK operation

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YST collapses

Details are scant at the moment but a Taiwanese source affirms that YST has gone pop

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BA snubs COLIBI

The Bicycle Association of Great Britain has resigned from COLIBI - Comité de Liaison de Fabricants Européens de Bicyclettes - the European trade organisation

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Outdoor org wants Gov to cough up £100k

The Outdoor Industries Association (OIA) is to spend £100 000 on a marketing/advertising campaign to encourage people to get back on the footpaths and bridleways. Intelligently, it is asking the government to match their outlay

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Shadows will ride next week

The Shadow ministers for the Environment and for Transport will join next week's Parliamentary Bike Ride. (PLUS: the Minister for Transport reveals details on a pro-bike website to be launched by the government)

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Schmoo shuffles off this mortal coil

Maurice Levenson - best known as Schmoo - died last night. He was a former Swansea bike shop owner and one of MTBing's earliest race team promoters. His famous team strip of fluoro yellow tops and fluoro pink shorts endured him to the photographers on early 90s MTB magazines who could always be guaranteed bright shots on even the murkiest of days!

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Increasing bicycle use the Danish way

The Danes really know how to bring home the bacon when it comes to provision for cyclists. And if you are involved at a grass roots level with, say, your local council over provision of cycle routes, here's a Danish download you'll find very useful...

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