ROMILLY-SUR-SEINE, France - Grégory Trébaol, founder of the Rebirth Group, has become the new owner of Cycleurope Industries SAS based in Romilly-sur-Seine, France after the Grimaldi Group decided to divest this unit. In this interview with Bike Europe, the executive explains why he wanted to acquire Cycleurope's factory in France. He also discusses the strategy and investments planned for the next two years.
BERLIN, Germany - The latest insolvency in the bicycle industry comes as a surprise, at least to outsiders. With their innovative LEV vehicles - a hybrid between an e-two-wheeler and a car - the Berlin-based Onomotion is seen as a state of the art 'last mile' vehicle with a golden future, particularly in the urban logistics sector.
BARCELONA, Spain - The strategy to concentrate on 'Powered Two-Wheelers' by Pierer Mobility AG led to the announcement to part ways with its pure bicycle and e-bikes brands Felt Bicycles and R Raymon. The company wanted to focus on motorcycles and e-bikes including the brands Husqvarna and GasGas E-Bicycles. After the publication of this new strategy, it turned out that Felt Bicycles was still somehow part of Pierer Mobility. To shed some light on the situation, Bike Europe sat down with Felt Bicycles managing director Florian Burguet.
AMSTERDAM, the Netherlands - Support from Pon.Bike makes it possible for Ziemi to venture its innovative bicycle lighting system into international markets. Pon.Bike is, among others, the largest of seven parties that recently participated in an investment round raising €300,000.
MUNICH, Germany - With over 25,000 pre-owned and refurbished bikes listed on its platform, over 2,000 of which come from the US, the fast-growing startup Buycycle is on a mission to connect high-end bicycle buyers and sellers on a global scale. One of the founders of Buycycle, Theodor Golditchuk, spoke with Bike Europe about the company's rapid rise in the second-hand market.
HARD, Austria - Business has not always gone smoothly at Austria's second largest bicycle manufacturer, Simplon Fahrrad GmbH. How big these problems were, became public when the shareholders replaced the management at the end of 2023. This year's industry-wide double-digit sales drop left a real skid mark on Simplon's revenue, forcing them to apply for a Chapter 11 status this week to support the ongoing restructuring process.
AMSTERDAM, The Netherlands - The Public Prosecution Service in the Netherlands has decided to discontinue its criminal investigation into cargobike manufacturer Babboe B.V. The company was suspected of producing and marketing certain types of (electric) cargo bikes that allegedly had safety issues.
BUSNAGO, Italy - Patent disputes often drag on for years. This was also the case between Miranda and FSA that started in 2018 with a letter from the Portuguese component manufacturer to the German importer Advanced Sports. In a public statement FSA recently announced the case closed after a ruling by the German District Court in Düsseldorf.
ALKMAAR, the Netherlands - Wholesaler and cycling gear brand AGU has announced its take-over by EcoMotion and withdrawal of the chapter 11 status. Fierce competition on the local market in combination with multiple senior management changes in recent years lead to a declining market position of this one-time leading player in the Dutch cycling market.
TAMPERE, Finland - E-bike drive system brand Revonte was forced to file for bankruptcy one year ago. Since the launch of the product 5 years earlier, the company received a lot of positive feedback from industry peers. OEM's welcomed the Revonte ONE as the next generation drive system for e-bikes. Still Revonte didn't make it, even while the e-bike market was thriving. For the first time, co-founder and former CEO Otto Chrons shares his Revonte story and the lessons learned.
