Business

Partnerships, acquisitions and investment news throughout the cycling industry

Fat folk gobble hospital cash

Get people fit before they get fat. The National Health Service faces costs of up to £16 billion over the next decade as a result of increasing obesity and related illness, say academics at St Andrews University

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Call a Bike UK

There we went waxing lyrical about the Munich Call-A-Bike scheme (see the November mag) when news about their financial troubles came through. A quick stop-press was added, but now weve been clobbered by Dave Holladay of Custom Folder. Call-A-Bike type schemes have been running in the UK for years, says he

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Sun Race buys Sturmey Archer

The money to secure the deal was wired through last week. The Taiwanese manufacturer now adds internal hub gears to its current line up of mechs and other components

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Hey, cycle activists, get your hands on Shimanos £9000

Shimano Europe wants to donate £9000 to a worthy cycle promotion project. Please pass this news on to any cycle organisations, advocacy groups or national cycle bodies you know of. But do it soon because the closing date is 31st January! (And dont expect a Christmas card from Shimano this year, the cash tp pay for a mass maili-out is going to the best cycle promotion project instead)

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Sturmey Archer bought

The new owner now owns the Sturmey brand name, intellectual property, work in progress and sheds full of specialist tooling and machinery. Everything will be shipped to Taiwan.

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