Business

Partnerships, acquisitions and investment news throughout the cycling industry

2Pure announces new distribution agreement with bike cleaning brand Kingud

2Pure has announced a new distribution agreement with Kingud, effective immediately. The Welsh eco-friendly bike cleaning brand has joined 2Pure’s brand list with its range of environmentally conscious products, backed by a refill and reuse ethos. The distributor will stock a full array of cleaners, degreasers, and lubes for all …

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Tech startup Body Rocket seeking US investment following £430,000 UK and EU raise

Tech startup Body Rocket is seeking US investment following a successful £430,000 UK and EU raise. Body Rocket is creating the ‘world’s first’ device to provide real-time aerodynamic drag force measurement for cyclists and triathletes, with the accuracy of a wind tunnel. The patented technology (UK only and USA applied-for) …

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Interest in bikes shows signs of ‘cooling down’, says Shimano, but demand remains above pre-Covid levels

Shimano has published its summary of consolidated financial results for the first nine months of FY2022. The company said demand for bicycles remained above the pre-Covid-19 levels, despite the fact that strong interest in bicycles showed signs of cooling down. Net sales from this segment increased 20.6% from the same …

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Glasgow-based cycling charity and social enterprise Bike for Good bringing Cytech training to Scotland

Cytech training Scotland is set to kick off tomorrow, 27th October, at Bike for Good Glasgow. The Glasgow-based cycling charity and social enterprise said it is ‘proud’ to bring the internationally recognised training and accreditation scheme for bicycle technicians to Scotland for the first time. The first Cytech training Scotland …

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SRAM’s David Zimberoff to leave post to focus on transportation research project for World Bicycle Relief

David Zimberoff will soon leave his post as vice president of marketing at SRAM, to focus on a transportation research project for World Bicycle Relief (WBR). With the support of WBR and SRAM, he’ll investigate ways to empower the lives of millions through this new exploration. Zimberoff said: “I’ve always …

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Mobility comparison site Karfu set to launch this year

Karfu.com is set to launch later this year, as an impartial consumer comparison website for a variety of different vehicle types including bikes and scooters, as well as cars, vans, pick-ups, motorcycles, and mopeds. The site plans to support a range of access options available for these vehicles, including buying …

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Ultra Sport to distribute Tocsen in UK and Ireland

Ultra Sport has been appointed as the UK and Ireland distributor for Tocsen. Launched in 2019 by three friends from Freiburg, Germany, Tocsen is an emergency call solution for cycling, winter sports, inline skating, horse riding and almost any outdoor sport where you are wearing a helmet and may end …

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Silverfish UK strengthens on the road sales team with Alistair Thomas and George Currie

Silverfish UK has announced that Alistair Thomas has joined its sales team to look after the North of England as territory manager, following the recent arrival of George Currie as territory manager for the South West area. Prior to joining Silverfish earlier in the year, Currie spent time on the …

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Wisper announces appointment of Paul Sims-Williams

Wisper Electric Bikes has announced that Paul Sims-Williams is joining its team. Sims-Williams will be working alongside Jeremy and Tim as part of the sales team, helping to support and grow the Wisper dealer network in the UK. He will be on the road visiting the dealer network and displaying …

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Performance outdoor and bike brand Alpkit to invite customers to join as shareholders

Alpkit is set to invite customers to join the performance outdoor and bike brand as shareholders. Alpkit was born in the Peak District in 2004 when four friends, frustrated at the price of outdoor kit, decided to make and sell sustainable, technical kit at sensible prices. From a range of …

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