AMSTERDAM, the Netherlands - E-bike component manufacturer, enviolo has been taken over by private equity firm Inflexion. According to Dutch financial newspaper, Financieele Dagblad, an estimated $250 million (€219 million) is being invested into the company to support further growth in key markets.
ÁGUEDA, Portugal - Bike components supplier Miranda & Irmão, Lda. is one of the old guards of the country's bicycle industry in and around the Águeda region. The roll out of a major investment scheme to move towards mid- and high-end production is almost finished.
OSLO, Norway - Kindernay is broadening its product range with the introduction of the 7-speed version of it e-bike compatible internal gear system for high torque applications. The new Kindernay VII is based on the same patented technologies as the original 14 speed Kindernay XIV.
BINH DUONG PROVINCE, Vietnam - In order to put a stop to the rampant Delta variant, Vietnam has been in lockdown by government decree for a whopping two months. As a direct result, lead-times in the bicycle industry are going up.
TAICHUNG, Taiwan - Many bicycle retailers have already experienced suppliers reporting yet another regrettable delay in the delivery of goods, referring specifically to supply chain interruptions and the Covid-19 pandemic. These supplies were meant to fill empty warehouses and storefronts.
ANNECY, France - One year after the takeover of Mavic by Bourrelier Group, the French brand is in the midst of an acceleration phase. In the first half of 2021, Mavic Group, which operates all the activities of Mavic SAS, reports a sales increase of 20% compared to the first half of 2020.
MILAN, Italy - Pirelli has expanded its Scorpion XC RC mtb tyre line. The cross-country race-orientated tyre is now also available in a 2.4 inch wide version 'to meet the new trend for rims with wider channels' says the multi-national tyre manufacturing giant.
MADRID, Spain - As innovator in chainring and crank designs, Rotor developed the Etor, the next step in bottom brackets and crank arms for e-bikes. It is the outcome of a collaboration with the well-known lightweight, removable e-bike drive system manufacturer Fazua.
TAICHUNG, Taiwan - Taiwan-based Exustar, best known as a manufacturer of bicycle pedals, shoes and motorcycle boots, released details of some of its latest bicycle pedals.
SAKAI CITY, Japan - Asian financial news services have announced a multi-million-euro investment scheme by Shimano Inc. The Japanese bicycle component supplier will expand both existing factories and build a new one.
