Home - Bike Europe

Speed pedelec brand Klever Mobility has been acquired from Kymco in a management buyout by its current directors, Jan van der Ligt and Ruud Sjamaar. The transfer of shares was completed on 21 July 2026, but financial details of the transaction were not disclosed. This marks the start of a new chapter for Klever as an independently managed European organisation.

How Tenways, Fuji-Ta and the Accell deal are testing Asia's next role in cycling.

There are still no larger signs of recovery at the publicly-traded Fox Factory Holding Corp. In its second sales quarter 2026, the US-based suspension expert posted net revenue of USD 358.12 million (€309.82 million). Compared to the same period last year, this represents a 4.5% decline. Sales remain weak in the company's bicycle component division.

The initial public offering (IPO) of Tianjin Fuji-Ta Bicycle Manufacturer Co., Ltd. known domestically as the "Foxconn of the bicycle industry" on 6 August on the Shanghai Stock Exchange (SSE) was quite impressive. The offering price of CNY 17.46 (€2.28) soared to a high of CNY 45.45 €5.94) on the day of the IPO, but then settled down again over the course of the week.

The Amsterdam District Court has revoked the suspensions of payments of the Dutch Accell companies and simultaneously declared these companies bankrupt, the two court-appointed trustees announced this afternoon. The multiple attempts to keep the once giant of the bicycle industry afloat have failed, marking a major setback for the industry.