Two German high-end bicycle component experts join forces
FRIEDRICHSHAFEN, Germany - Lightweight product maker Carbovation GmbH has acquired German lightweight component specialist Tune GmbH. No details of the purchase price have been disclosed.
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Sport 2000 GmbH to put bicycles accessories upfront in its stores
MUNICH, Germany - The German branch of retail giant Sport 2000 GmbH announced that it integrate the product category bicycles more prominently in its outdoor offering. The concept will be offered to retailers in the five countries where Sport 2000 GmbH operates: Belgium, Germany, Luxembourg, the Netherlands, Switzerland.
Porsche sets future strategy for e-bikes
FRANKFURT, Germany - Porsche AG bundled its e-bike drivetrain activities under the umbrella of Porsche eBike Performance GmbH, which it founded in 2022. This includes the recently acquired brands Greyp and Fazua. The latter is celebrating its tenth anniversary this year, which is why the Eurobike presentation in Frankfurt was all about the lightweight e-MTB pioneer. However, the e-bike ambitions of the German company go beyond this. What can we expect from Porsche in the coming years?
German e-bike market performed strong in 2022
BERLIN, Germany - The German e-bike and bicycle market performed very strong in 2022 with a 10% increase in e-bike sales the national industry organisation, ZIV has reported. Perhaps sales could have been much higher as ZIV CEO Burkhard Stork refers to a "general reluctance of consumers to buy in the second half of the year."
Eurobike awards return
FRANKFURT, Germany - The Eurobike Award will return to this years edition of the international bicycle industry trade show. For this indicator of trends in the industry, Eurobike has partnered with the German Design Council. Eurobike in Frankfurt will be held from June 21 to June 25, 2023.
Schaeffler 'Free Drive' chainless drivetrain production underway
BÜHL, Germany - The time has finally come: Schaeffler Automotive Buehl GmbH & Co. is starting production of its 'Free Drive' digital drive technology developed by Schaeffler Group and Heinzmann. Production capacity is planned to steadily increase over the next few years.
Markus Riese steps down as CEO of Riese & Müller
DARMSTADT, Germany - Since Riese & Müller was founded almost 30 years ago by Markus Riese and Heiko Müller, the company has grown from being a folding bike start-up to a global player in the e-bike market with a turnover of around €350 million. Yesterday, co-founder Markus Riese announced he had stepped down from his executive duties and relinquished the role of CEO as of 1 August 2022.
Pierer Industrie enters cargo bike market through Johansson...
WELS, Austria - Pierer Industrie has acquired an 80% stake in the Johansson cargo bikes business, from EW Mobility GmbH & Co KG, following which a newly founded Johansson GmbH based in Schweinfurt, Germany, will be established. The acquisition shows that the Pierer group doesn't want to miss out on this rapidly growing product category.
Owning a car in cities still tempting despite cycling boom
FRANKFURT, Germany - Bicycles give answers to many pressing questions, be it in terms of public health or concerning environment. Nonetheless it still is hard to navigate towards modern mobility. And the reasons are not as evident as they may seem.
Private equity Borromin Capital invests in German brick and mortar...
DRESDEN, Germany - To reach their ambitious expansion strategy for their brick and mortar bicycle chain store in Germany, Little John Bikes MD René Schramm and Robert Peschke brought private equity firm Borromin Capital Management GmbH on board.
Eurobike 2021; Mail us your news now
FRIEDRICHSHAFEN, Germany - Bike Europe's preview edition and Eurobike Countdown newsletters will highlight the news presented at this show. All exhibitors are invited to e-mail information about their newest products and services.
Private equity takes cycling webshop Bike24 to Frankfurt Stock...
DRESDEN, Germany -The Riverside Company has planned an IPO for one of Europe's leading cycling, outdoor, fitness and swimming products webshop Bike24 this year. According to a company statement they, "aim to accelerate growth and finance future business development." Prior to the IPO, The Riverside Company will issue a private placement.
Internetstores' online retailer steps into cargo bike sales
STUTTGART, Germany - One of Europe's leading bicycle and outdoor e-commerce company's Internetstores Holding GmbH (owned by Signa Sports) is expanding its German online store sales portfolio with cargo bikes with their platform Fahrrad.de. Additional storage and an assembly and delivery hall will support the move. When successful, Internetstores might also start offering cargo bikes on their international platforms.
German e-bike brand i:SY breaks ties with Hartje to go it alone
HÜLLHORST, Germany - German compact bike pioneer and niche brand i:SY GmbH & Co. will discontinue its license agreement with production and distribution partner Hermann Hartje KG at the end of 2021.
Ongoing growth at Internetstores prompts new returns centre
STUTTGART, Germany - To increase the efficiency of its returns processing, German bicycle and outdoor multichannel retailer Internetstores GmbH, has opened a state-of-the-art returns centre. The company, which has been growing for years, will use the new centre in Stuttgart-Untertürkheim to focus primarily on efficiency, whilst offering a sustainable workplace for employees.
Ciclo completes its e-mobility division team
GRÄFELFING, Germany - With four new jobs in the field of e-mobility that have been created over the last few months, K.W. Hochschorner GmbH - founder and long-time supplier of e-bike components, as well as a specialist for training computers and navigation, Ciclo (formerly Ciclopsort) - is setting its future course.
ZEG chairman: "MY21 sales will be good, but not as good as MY20"
COLOGNE, Germany - "I'm a little bit nervous for 2021, but 2020 was ok," was the summary of Zweirad Einkaufs Genossenschaft eG (ZEG) chairman Georg Honkomp as this year's extended dealer show event came to an end. In a year like no other, how is the German bicycle cooperative anticipating future developments?
Advanced Sports boosts e-bike range
SCHWÄBISCH-GMÜND, Germany - Bike supplier Advanced Sports GmbH invited their main international sales partners/agents and IBD partners to its house show at the end of July. Visitors had a chance to see what's in store for the around 180 season 2021 Breezer, Fuji and SE Bikes bicycle models.
Büchel's integrated sensor-controlled brake light meets new guidelines
FULDA, Germany - The Büchel Edge rear light with integrated Z reflector, is the first sensor-controlled brake light for bicycles in accordance with the new StVZO and ECE guidelines. Büchel has introduced the brake light for model year 2021.
Late Eurobike show shifts focus to OEM, parts and components
FRIEDRICHSHAFEN, Germany - Eurobike 2020, with its later 24-26 November date re-scheduled due to Corona is adjusting its concept. This year's edition is being adapted to a business lounge concept for spec meetings with a particular focus on OEM, parts and components. The organisers also expect to have a more regional focus.