Tag Archives: acquisition

Hama Group acquires majority stake in Messingschlager

The Hama Group, from Monheim, Germany, has acquired the majority stake in Messingschlager with retrospective effect from 1st January. “This is the best step in order to take our company further and to position it properly for the next few years,” said Benno Messingschlager, former owner of the Messingschlager GmbH …

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Paul Davis acquires Weldtite Products Ltd in management buyout

Weldtite Products Limited was sold on 2nd March via a management buyout led by Paul Davis, the incumbent managing director. Davis has acquired the majority shareholding from the Bennett-Baggs family who have owned the business for many years. David Bennett-Baggs, who previously led the business, recruited and eventually handed over …

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Polisport Group acquires helmet brand Catlike

Polisport Group has acquired helmet brand Catlike, with the aim of reinforcing its range offer in the high-end cycling market. The group will from now on exclusively assume the entire development, industrialisation, production, sales and promotion of the Catlike brand and products. “Incorporating a brand like Catlike into our team …

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SRAM acquires TIME Sport pedal business from Rossignol Group

SRAM has acquired the entire range of road and mountain pedals, cleats and all related patents of TIME Sport from the Rossignol Group. The companies completed the transaction on 18th February. “TIME is a legendary brand and was the first to focus on ergonomics through the pedal stroke,” said SRAM …

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JD Sports reacquires Go Outdoors

JD Sports has reacquired Go Outdoors from its administrators for £56.5 million. The group has taken an initial 12-month licence such that it will continue to occupy all of the Go stores and, subject to realism and flexibility in the future leases, intends to retain the majority of Go’s retail …

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Lime acquires Jump’s business operations, secures additional financing

Uber is leading a $170 million investment round in Lime with participation from Alphabet, Bain Capital Ventures, GV and other investors. As part of the investment, Lime has acquired Jump’s business operations and will further expand its mobile app integration with Uber. In addition, the company has promoted Wayne Ting …

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Abu Dhabi investment fund acquires majority share in Colnago

Chimera Investments, an Abu Dhabi investment fund, has acquired a majority of the shares in Colnago. The company’s headquarters and the production will remain in Cambiago, Italy, and founder Ernesto Colnago will continue to be the “guiding force” in new developments. “Chimara Investments will give Colnago the ability to grow …

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