Following approval by the antitrust authorities, BMZ has been cleared to make a fresh start under new ownership and management. The battery manufacturer is now fully in the hands of SKion GmbH and founder Sven Bauer has made way for a new CEO to steer the company as it looks to expand internationally.
Finnish bicycle component manufacturer, Herrmans Bike Components, has acquired the technology and business from Taiwanese lighting specialist Roxim Technologies. The move will see Herrmans expand its presence in Asia and broaden its offering in lighting solutions. The transition is now at full speed and Herrmans will officially take over the business from 1 May.
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?
