Thule Acquires Child Bike Seat Maker
Thule Group has acquired the Dutch company GMG B.V., a leading supplier of child bike seats in the BeNeLux markets. GMG B.V. had sales of €6.1 million in 2015, with a focus on child bike seats under the brand Yepp.
NEMO Names Rep Agency of the Year
NEMO Equipment Co. awarded Kurt Smith and Chaz Warren of Top Gun Sales with its Inaugural Rep Agency of the Year honor for 2016.
Eurobike Opens Travel Talk Conference to Show Attendees
For the 15th time, Eurobike is inviting visitors to attend its bicycle tourism symposium Travel Talk, where a host of speakers will address the impact of digitalization, E-mountain bikes, cooperation and ‘women-only’ tours on the industry.
UK Regulator Clears Wiggle-Chain Reaction Deal
U.K. anti-trust regulators cleared Wiggle Ltd’s acquisition of Chain Reaction Cycles Retailer Ltd. June 30.
Sequential Brands Completes Gaiam Acquisition
Gaiam, Inc. completed the sale of its branded consumer product business to Sequential Brands Group, Inc. and its operating partner Fit For Life LLC for a gross consideration of $167 million.
REI to Sell Salsa Bikes at Some Stores
REI will begin selling bicycles and bikepacking accessories from Minneapolis-based Salsa Cycles online and at some stores this fall.
Northside Consolidates Operations in New Headquarters
Northside is consolidating its operations at a custom-built, 110,000-square-foot complex that will put administration, accounting, design and development, operations and purchasing under one roof.
Niner Bikes Hires New Sales Manager and Rep
Niner Bikes hired Linda Travis as Inside Sales Manager along with Scott Sherman as the company’s newest Independent Midwest Sales Representative.
Garneau Launches New Website
Garneau is launched its new mobile-friendly website redesigned for easy navigation on any browser or device.
Shimano EU Acquires Lazer Sport NV
Shimano Europe has signed an agreement for the acquisition of Lazer Sport NV, the Belgian helmet company, on June 30.
BiPro USA Backs Miami FC
BiPro USA, a consumer brand of Agropur, inc., launched a partnership with the Miami FC— a professional soccer team that competes in the North American Soccer League.
Orangetheory Fitness Markets to Summer Wedding Goers
Orangetheory Fitness began a new giveaway campaign, “Go All Out for ‘I Do,” that capitalizes on the summer wedding season.
Yeti Cycles Hires Former Scott Sports Talent
Yeti Cycles recently expanded the company’s sales and purchasing departments with the hire of Nat Campbell as National Sales Manager.
Callaway Golf Partners with Japanese Apparel Firm
Callaway Golf Company said its Tokyo-based Japanese subsidiary, Callaway Golf K.K., completed the previously announced joint venture with its long-time licensee, TSI Groove & Sports Co, Ltd., a premier apparel manufacturer in Japan.
Brunswick Corp. Amends Credit Line
Brunswick Corporation has amended and extended the company`s revolving credit facility. The extended facility will be in effect through June 2021, and remains at $300 million.
