Business

Partnerships, acquisitions and investment news throughout the cycling industry

The top five jobs in the bike trade this week – 3rd March

The BikeBiz jobs board helped filled over 740 positions in 2022, and listings are still on the rise. Here’s our latest top five… Sales Supervisor – Mud Dock  We are currently recruiting for a new Sales Supervisor to join our bike shop. This is a very unique opportunity as Mud …

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German custom bike brand Velo De Ville to launch in UK at The Cycle Show 2023 

German custom bike brand Velo De Ville is due to launch in the UK and Ireland at the 2023 Cycle Show in London.  The family-run business, based Nordrhein Westfalen region of western Germany, was founded in the 1960s, and offers a range of mechanical bikes, pedelecs, and e-cargo bikes.  Velo …

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Gtechniq announces rider sponsorships for 2023

Cleaning and protection brand Gtechniq has announced its rider sponsorships for 2023, as the automotive brand continues its move into the bike trade.  Based in Northamptonshire, Gtechniq has a long history in the motor industry, but last year launched its first range of bicycle products – Gtechniq Bike.  As part …

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Schwalbe issues warning over fraudulent online stores 

Tyre manufacturer Schwalbe has issued a warning over online stores that falsely claim to stock its products.   The German brand has issued a statement alerting consumers about fake online stores that have been defrauding customers, who may pay money but never receive goods. Schwalbe said it has taken measures to …

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March 2023 edition of BikeBiz magazine is out now 

The February edition of BikeBiz is now live. Read the digital edition online here. Never miss an issue, subscribe to BikeBiz for free here. Well, bike industry, it is with great sadness that, after more than four years of reporting on the latest cycling news, I must now bid you …

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Spoon Customs joins forces with Enve to open custom bike facility in Surrey 

Spoon Customs and Gun Control Paint have joined forces with Enve to open a new bespoke bike-build facility in Surrey. Unit2.cc is a new ‘open-workshop’ destination that offers a retail experience for consumers purchasing their new custom machines.  Officially opening on Saturday, 18th March, Unit2.cc in Puttenham, near Guildford, offers …

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British Cycling renews partnership with Lotus Engineering and Renishaw

British Cycling has renewed its partnership with two famed engineering firms to deliver Olympic bikes for 2024.  The governing body for cycling in Britain has extended its relationship with Lotus Engineering and engineering company Renishaw, which both collaboratively worked with British Cycling (BC) to design the bikes used in the …

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Pon.Bike starts construction on new bike assembly factory

Dutch company Pon.Bike has officially started construction on its new bike assembly factory in Lithuania.  Pon.Bike, the parent company of established bike brands Cervelo and Santa Cruz among others, is building a 40,000 square meter building in the Kėdainiai Free Economic Zone in central Lithuania, designed for the assembly and …

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Shimano Europe announces joint venture to operate in south-east Europe 

Japanese component giant Shimano has announced a new joint venture to expand its operations in south-east Europe. Shimano Europe has entered into a joint venture with Nikos Maniatopoulos S.A. (NMSA), to operate as Shimano South-East Europe in Greece, Slovenia, Croatia and other nations in the area.  Currently, Shimano’s bike-related activities …

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Canyon appoints Hideki Mochizuki to lead Asia expansion 

Direct-to-consumer bike brand Canyon has appointed Hideki Mochizuki to lead its expansion into Asia.  Mochizuki has taken on the role as Canyon’s general manager for the Asia Pacific region, and will join the executive leadership team, to help accelerate sales in the region.  With 11 years of bike industry experience, …

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