Mergers, Acquisitions & Investments

Posted November 9, 2011

TUCSON, AZ (BRAIN)—Genuine Innovations is now a part of Illinois Tool Works (ITW), which runs 840 businesses in 57 countries and is one of the nation’s largest companies.

Posted November 3, 2011

HERZOGENAURACH, Germany (BRAIN)—Adidas announced Thursday that it signed a share purchase agreement to acquire outdoor action sports brand Five Ten.

Posted November 1, 2011

CLOPPENBURG, Germany (BRAIN)—Derby Cycle management board issued its opinion Tuesday supporting Pon Holding’s takeover offer, a key step before the transaction closes.

Posted October 14, 2011

FORT COLLINS, CO (BRAIN)—Swobo is moving from Santa Cruz, California, to Fort Collins, Colorado, as the brand re-launches under new ownership, according to a report by the Coloradoan.com.

Posted August 22, 2011

PARK CITY, UT (BRAIN)—Backcountry.com has acquired CompetitiveCyclist.com and its family of specialty retail stores.

Posted August 1, 2011

By Jason Norman

GILBERT, AZ—One organization is based in the West; the other is based in the East. One is for-profit; the other is a nonprofit.

Posted June 25, 2011

GILBERT, AZ (BRAIN)—From its humble beginnings in the 1970s to its inclusion in the 2008 Beijing Olympic Games, BMX racing has seen many changes through the years. 

Posted June 24, 2011

HEERENVEN, The Netherlands (BRAIN)—Accell Group's subsidiary Batavus has acquired all shares in Vartex AB.

Vartex is a trading company in bicycles and bicycle parts based in Varberg, Sweden. Vartex operates via a nationwide network of dealers.

Posted June 8, 2011

SAN DIEGO, CA (BRAIN)—Competitor Group, Inc has acquired the SBR Triathlon Series.

Posted June 2, 2011

SEYMOUR, CT (BRAIN)—The Thule Group has acquired Chariot Carriers Inc., a designer and developer of bicycle trailers and multi-functional child carriers.

Posted June 1, 2011

LOS ANGELES, CA (BRAIN)—Star Production SARL, owner of the worldwide TriStar Triathlon Series, has acquired Gran Fondo USA, producers of America’s original series of Italian-themed gran fondo cycling events.

Posted May 9, 2011

TORONTO, Ontario (BRAIN)—With its pending purchase of the Forzani Group, Canadian Tire Corporation will grow to more than 1,000 retail sports outlets across the country.

Posted May 9, 2011

VANCOUVER, Canada (BRAIN)—With coffee mugs sitting where they left them, 12 former Race Face employees are back at their old jobs under the company’s new majority owner, Chris Tutton, who purchased Race Face from its receiver, Grant Thornton, last week.

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