AMSTERDAM, the Netherlands - A recently concluded strategic partnership brings together the expertise of two companies who create innovative solutions that enhance safety, security and provide valuable insights into the usage of connected vehicles.
LONDON, UK — "Senior leaders in the bicycle industry are overwhelmingly white, heterosexual men" and "women and those from minority groups are more likely to leave the industry" - these are key finding from a new Diversity in the Cycling Industry Perception Survey Report. With other results shedding light on diversity and inclusivity issues, a roadmap for change has been proposed.
VIENNA, Austria - Despite the insolvency reorganisation of Gleam Technologies and the public call for investors by company founder Mario Eibl, the company has failed to avoid bankruptcy. According to an official statement published last Friday, the insolvency has been changed to bankruptcy proceedings.
LONDON, UK - Bike Club, a subscription-based provider of kid's bikes, has acquired Bicircular, a fellow bike subscription platform for children in Spain. This latest acquisition sees the UK scale-up entering two new European markets in the past twelve months. The certified B-Corp company says it is committed to bringing better circular economics into the European family leisure market.
AMSTERDAM, the Netherlands - Micromobility.com is the first take-over candidate for VanMoof which comes forward in public. The American e-scooter and e-bike manufacturer published an announcement stating, "we submitted a non-binding bid to acquire VanMoof Amsterdam."
BERLIN, Germany - Describing its business model as a "full-service mobility solution for delivery services and couriers," Berlin-based startup Cycle Mobility Holding GmbH has successfully finalised a Series A financial round. The total €10.3 million cash injection is planned to drive the company's e-bike B2B2C- as well as B2B- business fleet and subscription business.
BOLOGNA, Italy - E-mobility manufacturer FIVE (Fabbrica Italiana Veicoli Elettrici) have obtained a majority share in the San Marino based e-bike, e-scooter and compact e-motorcycle producer Armony Group. The acquisition includes the historic Garelli brand, which will be relaunched as a premium brand.
BIELEFELD, Germany - Small parts speclialist westphal GmbH has been acquired by Hadi-Plast Group this week. The strategic acquisition marks a milestone for both companies and strengthens their position as major players in their field of business. Information on the take-over amount remains undisclosed.
FRANKFURT, Germany - The second edition of the Eurobike Investors Lounge attracted some 70 participants, primarily private equity investors and family offices. The high level of attendance shows that investors still see the potential of the bicycle industry.
NANTES, France - Connectivity solution producer Velco is now collaborating with Shimano to offer IoT and digital solutions to bicycle brands and manufacturers. After 2 years of development, Velco announced at Eurobike that it has officially become an off-shelf IoT device partner of the Japanese giant bicycle parts and engine manufacturer.
