ARHUS, Denmark - Promovec Group A/S, supplier of e-bikes and drive systems, has acquired the remaining 25% of battery manufacturer Viridus Manufacturing A/S. This acquisition marks the end of the joint venture partnership with Chinese company Greenway.
TERNDRUP, Denmark - As part of its continued growth investments, Danish online bike retailer Cykelgear, has merged with fellow Danish e-commerce business, Cykelpartner. Although the agreement unites the two online platforms under the same corporate group, both will continue to operate as independent brands in Denmark. The financial details of the deal have not been disclosed.
APELDOORN, the Netherlands - To step up Merida's presence, the Benelux distributor of the Taiwanese manufacturer has expanded into Denmark as the official importer for this country. This strategic move strengthens Merida's foothold in the Scandinavian region, furthering the brand's commitment to delivering high-quality bikes and cycling gear to a wider audience.
COPENHAGEN, Denmark - The Danish bicycle market has always been on its own sales path compared to other European countries. However, the 2023 figures of the dealer intake released by the Danish bicycle dealers and industry organisation 'Danske Cykelhandlere' from January-November could be an indication of what we can expect when other European countries publish their sales reports.
COPENHAGEN, Denmark - The annual bike show for the Nordic market which takes place in Copenhagen is going to increase the emphasis on more B2B engagement. The organiser has introduced a series of services to trade visitors expanding on the success of 2023, where the Copenhagen Bike Show attracted over 10,000 visitors.
BERLIN, Germany - Europe-wide regulations and experiences for speed pedelecs vary per country. The Dutch mobility consultancy Mobycon and German industry association ZIV have now made a first comparative study on this market in in Germany, Belgium, Denmark, the Netherlands and Switzerland.
