All Canyon Bicycles articles
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News briefsAmazon on the wane, Decathlon supreme in e-bikes in Spain
Drawing data from the SEO software producer Sistrix, CMDsport has once again ranked the top ten e-commerce sites for e-bikes in Spain. The surprise this time around is that two local operations, Biciescapa.com and Bicimarket.com, have knocked Amazon.es down two pegs. Meanwhile, Decathlon.es has retained its top spot by a ...
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News briefsFormer Jordan brand GM to become CEO of Canyon Bicycles
The growing bicycle market has become an attractive option for experienced executives. On March 1, Nicolas de Ros Wallace will join the German DTC company Canyon Bicycles as its new CEO. He replaces Winfried Rapp, the company’s chief financial officer, who has served as interim CEO since October 2021 following ...
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News briefs
GBL’s investment in Canyon reportedly values the firm at €800m
As previously reported , Groupe Bruxelles Lambert (GBL) has acquired a majority stake in Canyon Bicycles , the German direct-to-consumer brand of high-end bikes. According to the Financial Times, the deal gives Canyon an enterprise value of around €800 million including assumption of debt. The newspaper says GBL’s ...
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Article
Canyon Bicycles has a new majority shareholder
Groupe Bruxelles Lambert ( GBL ), a major Belgian-based investment company, has agreed to take over majority control of Canyon Bicycles , the German bike producer known for its direct-to-consumer approach. Roman Arnold , a former supplier of bike components who founded the brand in 2002, will reinvest a ...
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Article
Bike Fun changes hands, Canyon sees takeover interest
Bike Fun International (BFI), a bicycle maker based in the Czech Republic, and Consillium, a Prague-based private wealth management firm owned by Tomas Němec, have agreed on a transaction that will see Consillium acquire a 100 percent share in BFI. The deal was agreed on Oct. 1 and is expected ...
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News briefs
Many PE firms are reportedly eyeing Canyon Bicycles
Citing anonymous sources, Bloomberg has reported that a number of private equity firms – such as the Carlyle Group, KKR & Co., Advent International, Apax Partners, General Atlantic and Permira – are considering takeover bids for Canyon Bicycles. The German company has been working in this direction with Robert W. ...
