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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Pioneer transfers assets of Cycle Sports business to Shimano
Sales by Pioneer of pedalling monitors, cycle computers, and other related products will cease by the end of March
Read More »Hero Cycles acquires stake in Germany’s HNF-Nicolai
It has been reported that a 48% share has been acquired
Read More »Trek takes ownership of Bike UK
The store will continue to trade as normal with the same sales team and service centre
Read More »Future to acquire Cycling Weekly publisher
This acquisition expands its portfolio to more than 220 global brands
Read More »Bucher + Walt takes over Dakine European distribution
Bucher + Walt SA has acquired the Dakine Europe operations headquartered in Annecy, France
Read More »Wahoo acquires pedal brand Speedplay
Wahoo has said it intends to put Speedplay pedals on "as many bicycles as possible and continue to drive creativity at this celebrated brand"
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