Tag Archives: acquisition

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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