Business

Partnerships, acquisitions and investment news throughout the cycling industry

Raleigh takes over UK distribution of Babboe cargo bikes

Raleigh has announced that it is taking on the UK distribution of Babboe Cargo Bikes. The company launched its own electric cargo bike range Stride last year and said it is excited to take on Babboe too. From today onwards, a UK specific range of Babboe bikes, accessories and spares …

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Tandem Group CEO Jim Shears to leave company

The Board of Tandem Group plc has announced that Jim Shears, the company’s chief executive officer, is due to leave the company by mutual agreement. Shears will resign as a director of Tandem on 6th May 2022. Stephen Grant, the company’s non-executive chairman, will assume an interim executive role. The …

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Batribike’s demo scheme sees high uptake from dealers

Batribike has said it has seen a high uptake in its demo bikes scheme, following its launch to dealers in March. Dealers choose two bikes from band A and one from band B, giving a total of three bikes. The bikes are then invoiced to be paid at the end …

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Hero Cycles announces plans for new assembly line in Manchester

Hero International (HIT), part of India’s Hero Motors Company (HMC), has announced plans to add a new e-cycle assembly line within its manufacturing facility in Manchester. The assembly line will produce high-end, IoT enabled electric cycles and push bikes for customers in the UK and EU and forms part of …

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Hammerhead and Suunto announce collaborative partnership

Hammerhead, maker of the Karoo 2 cycling computer, and Suunto, known for its GPS multisport watches and training tools, have announced a collaborative partnership. Athletes can now ride with their Karoo 2 and run, swim, and hike with their Suunto watch. All workouts from these devices are now visible in …

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UK cycling brand Rehook honoured with Queen’s Award for Enterprise

UK cycling brand Rehook has been honoured with the Queen’s Award for Enterprise: Innovation 2022. The winners were announced today, 21st April, celebrating the achievements of UK businesses. The winners have been invited to attend a reception at Buckingham Palace hosted by HRH The Prince of Wales to receive this …

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Evolving Sports Distribution offering dealers demo bikes for the shop floor on buy now pay October deal

Evolving Sports Distribution is now offering dealers demo bikes for the shop floor on a buy now pay October deal. Dealers can choose three bikes from the Dallingridge range they want to stock and pay later this year, reordering bikes off the back of sales. The range includes the Dallingridge …

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Moore Large & Co announces management buyout by board of directors

Derby-based distributor Moore Large & Co Ltd has announced the successful completion of a management buyout. The cycling distribution business was acquired today, 19th April, by its current board of directors Dale Vanderplank, Adam Garner, Adam Biggs and Andrew Walker. Moore Large offers a wide portfolio of cycling and cycling …

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Campagnolo unveils new ‘Dream Bigger’ brand positioning amid record growth

Italian component manufacturer Campagnolo has revealed its new brand proposition – ‘Dream Bigger’. Built on the foundations of recent company growth, Dream Bigger will be the cornerstone for Campagnolo marketing communications, highlighting the aspirational mindset of the brand with a call to action to customers, as the company enters a …

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Schwalbe UK is now carbon neutral, company announces

Schwalbe UK has announced that it is now carbon neutral. “At Schwalbe, we strive to be the most sustainable bicycle tire manufacturer in the world,” said a statement. “This is why Schwalbe UK began working with Plannet Zero in 2021 to help measure our operational carbon footprint.” This was calculated …

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