PARIS, France - Yesterday the second generation of Paris' self-service bicycle rental system, the Vélib' Métropole was presented in the French capital. It was developed by Smoovengo, a consortium of Indigo, Moventia, Mobivia and Smoove, which will put the Velib' in service from 1st January 2018.
TAICHUNG, Taiwan - After ten years of investing in the brand and technology of NuVinci, owner Fallbrook Technologies Inc. decided to change the name NuVinci Cycling to enviolo. "We are not walking away from what we have built but we are advancing it," says David Hancock, Managing Director of NuVinci Cycling, or enviolo as it will be called as of January 1, 2018.
IRVINE, USA - Felt Bicycles founder and long-time head of sports marketing Jim Felt will be departing the company he founded in partnership with Bill Duehring. Last April Felt Bicycles was sold to the French outdoor industry company Groupe Rossignol.
BERLIN, Germany - On 21 November Chinese bike sharing operator Mobike celebrated its German debut in the country's capital Berlin. Today's largest bike sharing system outside China was founded in 2015 and the company expects that "more German cities will follow soon."
COLOGNE, Germany - The United Nations' decision to name the Chinese bike sharing operator Mobike as the '2017 Champions of the Earth' by the United Nations immediately sparked response from the German dealer cooperative ZEG who announced the cease of its membership of the UN Global Compact Initiative.
VIENNA, Austria - Signa Retail - a company under the umbrella of the Austrian real estate and retail giant Signa Holding GmbH - is driving forward the development of its multi-channel platforms. The company that owns Germany's number one webshop for bikes and P&A, Internetstores, expects accelerating sales for which it prompted Karstadt Sports CEO Michael Rumerstorfer to switch to Signa Retail as MD.
SAN VENDEMIANO, Italy - Cytech, who manufactures pads and palms for cycling apparel under the Elastic Interface brand has acquired a majority stake in Italian accessory and glove manufacturer, Pasasport. "The take-over allows us to accelerate the expansion of Elastic Interface into new markets and diversify our product offering in the cycling sector and across other sports," explains Cytech CEO Massimo Fregonese.
DEERFIELD BEACH, USA - LEV Manufacturing, formerly known as Life Electric Vehicles, and Lane VC have announced the acquisition of Serial 1 Cycle Company, LLC. Serial 1 as a brand was established in 2020 as an independent brand of Harley Davidson.
MILAN, Italy - Victor Luis investment fund, Asobi Ventures Inc., acquired a majority share in Gruppo Srl, the parent company of the prestigious Italian bicycle manufacturer, Cinelli, and historic tube manufacturer, Columbus. The terms of the transaction were not disclosed.
ZURICH, Switzerland - The Indian tiger strikes in Switzerland for the second time within a few months. Following the acquisition of Ego Movement, TVS Motor Company has taken over the majority of Swiss E-Mobility Group (SEMG) from Constellation Capital. The intention seems clear; The Indian mass producer wants to gain a foothold in the booming e-bike market in Europe.
BRUSSELS, Belgium - Bike Republic, Colruyt Group's chain of bike shops, is planting its flag in Brussels for the first time following the take-over of the large bicycle retailer, IMP Bike. The acquisition puts Colruyt Group on course for further expansion in the French speaking part of Belgium.
SAINT-JEAN-DE-MOIRANS, France - Last June, Rossignol announced that the Group had reached an agreement with the French start-up WhaTTfornow to acquire the industrial and commercial activities of Time Sport. Unfortunately, the financial deal failed at the end of September leaving Time Sport looking for a new buyer once again.
PARIS, France - Financial difficulties for the French component manufacturer Spécialités TA have resulted in a take-over by bicycle parts supplier Velox based in Argenteuil, France. The amount of the transaction was not disclosed.
HELSINKI, Finland - After announcing its intention to sell its bicycle business as part of its group portfolio, stock-listed Amer Sports Oyj has now entered into an exclusive agreement with global private equity firm Regent, LP to sell Mavic S.A.S. The purchase price is not disclosed. Amer Sports second bicycle component brand Enve is not included in the sale.
SANGERHAUSEN, Germany - To upgrade its competences in the strongly growing e-bike and e-mobility market, Sachsenring Bike Manufaktur acquired the direct drive manufacturer Relo. "With the newly acquired know-how of Relo we can create many synergies for our established brands Grace, Steppenwolf and Vaun," said Sachsenring MD and owner Stefan Zubcic.
TAIPEI, Taiwan - Taipei Cycle show organizer TAITRA (Taiwan External Trade Development Council) announces that registration for exhibitors and visitors for 14-16 May 2020 event is now open. With the combination of the Taipei Cycle+ and TaiSPO both the cycling and sporting goods industries will be supported.
美國，蒙特雷（Monterey）－全球新冠肺炎疫情已影響另一個國際自行車展。Sea Otter Classic主辦單位上週宣佈將不會在4月16至19日舉辦展會。
SHANGHAI, China - Today the China International Bicycle Exhibition Organizing Committee announces that the May 6 - 9, 2020 China Cycle Show is "Still on Schedule and is actively and steadily advancing various preparations."
中國，上海－中國國際自行車展組委會宣布原訂5月6至9日的展會將會如期舉辦，且目前正積極並穩定進行各項籌備。
TAIPEI, Taiwan - After rescheduling the Taipei Cycle Show 2020, registration is now open for Taipei Cycle+. This event will take place from 14-16 May. Taipei Cycle+ together with TaiSpo will be located in hall TaiNEX 2. The outbreak of the Corona virus made show organizer TAITRA (Taiwan External Trade Development Council) decide to reschedule Taipei Cycle Show 2020.
