Singapore-based DuTech Holding Ltd. is rapidly snapping up a series of companies in the bicycle industry. As a global player in cash-handling machines (ATMs), the company is now also eyeing the bicycle industry, particularly in Europe. As the bicycle industry's financial position has remained weak since the aftermath of the pandemic, this strategic investor is a welcome guest for many companies.
United States-based electric mobility company Life Electric Vehicle Holdings (Life EV) has completed its acquisition of Rad Power Bikes' brand and operating assets. The deal marks a new chapter for the once high-flying e-bike manufacturer, and gives Life EV ownership of Rad Power Bike's brand, intellectual property, inventory and operational assets.
Due to a healthy mix of organic growth and mergers and acquisitions (M&A), WS WeSports Group AB reports new record results for 2025. The fourth sales quarter contributed to this outstanding year-end outcome for the Nasdaq First North Premier Growth Market-listed company — since 9 December.
The bicycle industry was not a preferred target for financial investors when the e-bike market entered its growth phase in 2010; its growth rate and return prospects were not as attractive as those of e-commerce companies, for example. After 2010, financial investors stepped in, but many have since left the industry. What's next?
Sushi Mobility GmbH, the once-bankrupt e-bike start-up, has been rescued from insolvency. With its latest investment, Wealth Collect Holding GmbH (WCH) hopes to breathe new life into Sushi Mobility, which slipped into insolvency on 14 November 2025. No details of the purchase price have been disclosed.
Kron Bicycle has completed the acquisition of Nishiki bicycle brand from Accell Group, marking a shift in ownership for the well-known Northern European bicycle brand with Japanese roots. Accell Group, rumoured to be going through a second debt restructuring, has shed multiple subsidiaries this month in an effort to generate liquidity.
