At the introduction the company launched three crankset models. – Photo QO
Component manufacturer

Rotor Bike founders start new component brand QO

MADRID, Spain - Two Rotor Bike Component founders have launched a new performance cycling brand. Pablo Carrasco and Ignacio Estelles merged their vision and manufacturing expertise carbon manufacturer YMA to develop bicycle components. QO's first product line is a series of carbon fiber cranksets on display at Velofollies earlier this month.

All European activities will be integrated into Tannus International Srl and based in Udine, Italy. – Photo Tannus
Company

Korean Tannus Co. Ltd. invests in new European subsidiary

UDINE, Italy - Manufacturer of polymer anti-puncture solutions Tannus has founded a new European organization Tannus International Srl. together with the existing Italian office Tannus Italia Srl. "This direct participation of our parent company is an important phase in the strategic development of our company," explains Riccardo Natali, Co-founder of Tannus International Srl.

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e-bike

Sponsored Rotor: from Madrid workshop to OEM leader in bike components

In the cycling industry, the importance of selecting high-quality components cannot be overstated. These elements are essential not only for achieving optimal performance but also for ensuring a safe and enjoyable riding experience. One company making its mark in this space is Rotor, known for its focus on precision and innovation in designing and manufacturing components. By prioritizing quality and functionality, Rotor contributes to the success of the leading bike brands in the industry.

John Zopfi (r.) the new chief commercial officer at Gravaa and CEO Gertjan van Ginderen (l.). – Photo Gravaa
People

Gravaa appoints new chief commercial officer

EINDHOVEN, the Netherlands - Adaptable tyre pressure technology firm Gravaa has ap-pointed John Zopfi as its new chief commercial officer. With more than 20 years of experi-ence in outdoor and cycling industries, Zopfi took up the role earlier this month after spend-ing the past six years at 7mesh Industries where he most recently served as general manager for global wholesale.

hGears manufactures high precision parts and components and has counted Bosch, Oli e-bike systems, ProscheEP and Valeo as clients in the E-bike segment. – Photo Bike Europe
Financial

hGears' e-bike business segment suffers from sluggish destocking

SCHAMBERG, Germany - High-precision transmission parts and components manufacturer hGears AG continues to suffer not only from the automotive crisis, but also from the e-bike business segment's sluggish destocking. In the first nine months of the current 2024 financial year, it had to digest its biggest sales drop.

American company Fox Factory Holding Corp. is best known for its Fox Racing Shox brand of off-road racing suspension components. – Photo BRPH
Financial

Fox Factory's long suffering bicycle products bounce back in Q3

DULUTH, USA - It's not only the inclusion of recently acquired Marucci Sports' revenue boosting up suspension expert Fox Factory Holding Corp.'s Sports Specialty Sports Group (SSG) third quarter sales. SSG's bicycle product sales under the Easton Cycling, Fox, Marzocchi, Race Face, Ride Concepts brand names are also impressively bouncing back.

  1. Shimano Q3 report shows delay in recovery of component market
  2. Tenneco sells suspension expert Öhlins Racing to Brembo
  3. Magura Bosch Parts & Services (MBPS) consolidates facilities into new HQ
  4. Glory Wheel expands global strategy with Spank and Fratelli acquisitions
  5. Bosch u-turns on ABS interoperability
  6. E-bike component manufacturer hGears expects medium-term growth
  7. Saga and production partner FAVI launch motor-gearbox
  8. Positives to be found as Shimano H1 net sales drop 21%
  9. Component maker NCTE reports 65% order increase after tough half year
  10. SponsoredHerrmans at Eurobike 2024: innovation meets eco-friendliness
  11. SponsoredTransitioning to the e-bike revolution
  12. Formosa Taffeta to expand market position with carbon fibre fabrics
  13. Shimano reports weak sales while outlook remains slow
  14. SponsoredTektro & TRP: unbridled enthusiasm for innovation
  15. SponsoredFrom start-up to ramp-up: Tektro strengthens European market presence
  1. Vefaa e-bike brand adopts eBikeLabs' operating system
  2. enviolo appoints new CEO as David Hancock steps down
  3. Shimano targets entry-level cyclists with new component system
  4. E-drive maker hGears gives cautious outlook after revenue decline
  5. Bourrelier Group appoints new managing director of Mavic
  6. Shimano loses 29% in turnover and half its profit in 2023
  7. SponsoredThe future of bike assembly machines
  8. European SME sustainability award for Miranda Bike Parts
  9. High inventory levels and Revonte bankruptcy weakens hGears' e-bike revenues
  10. Industry veteran Ernst Brust joins Rohloff's new supervisory board
  11. Shimano sees high demand as a long-term trend
  12. Antitrust authorities investigate complaint against Bosch
  13. Mavic to strengthen OEM presence and appoints dedicated manager
  14. Shimano adds new 12-speed mechanical groupsets to 105 and GRX ranges
  15. Slow e-bike destocking impacts hGears' half-year results