Cycle sport

Audax Private Equity Announces Investment in 48forty Solutions

Tuesday, December 1, 2020 - 1:00pm

Audax Private Equity (Audax) announced today that it has acquired a controlling interest in 48forty Solutions (48forty or the Company) from Grey Mountain Partners.

Key Points: 
  • Audax Private Equity (Audax) announced today that it has acquired a controlling interest in 48forty Solutions (48forty or the Company) from Grey Mountain Partners.
  • Young Lee, Managing Director, Audax Private Equity, said, 48forty is a best-in-class national provider of recycled pallets that helps customers support the critical and changing demands of their supply chain.
  • Jay Mitchell, Managing Director, Audax Private Equity, said, We look forward to partnering with 48forty leadership to support continued growth, both organically as well as through strategic acquisitions.
  • Audax Private Equity has invested over $6 billion in more than 130 platforms and over 900 add-on companies, and is currently investing out of its $3.5 billion, sixth private equity fund.

Taiwanese Pioneers in Mid and High-End Mountain Bikes Flourish as Demand Rises

Wednesday, November 25, 2020 - 8:00am

As a major exporter of bikes, Taiwanese manufacturers provide nearly 70% of all the bikes for mid-range and high-end consumers around the globe.

Key Points: 
  • As a major exporter of bikes, Taiwanese manufacturers provide nearly 70% of all the bikes for mid-range and high-end consumers around the globe.
  • Each year, Taiwan exports about 2 million traditional bikes and mountain bikes now account for 60% of that total.
  • View the full release here: https://www.businesswire.com/news/home/20201125005309/en/
    Merida's premium version of an electric mountain bike, the eONE-SIXTY, won the Taiwan Excellence Silver Award in 2020.
  • Over the past few decades, the mountain bike has greatly evolved and can now be divided into two categories: suspension bikes and full-suspension mountain bikes.

Taiwanese Pioneers in Mid and High-End Mountain Bikes Flourish as Demand Rises

Wednesday, November 25, 2020 - 8:00am

As a major exporter of bikes, Taiwanese manufacturers provide nearly 70% of all the bikes for mid-range and high-end consumers around the globe.

Key Points: 
  • As a major exporter of bikes, Taiwanese manufacturers provide nearly 70% of all the bikes for mid-range and high-end consumers around the globe.
  • Each year, Taiwan exports about 2 million traditional bikes and mountain bikes now account for 60% of that total.
  • View the full release here: https://www.businesswire.com/news/home/20201125005306/en/
    Merida's premium version of an electric mountain bike, the eONE-SIXTY, won the Taiwan Excellence Silver Award in 2020.
  • Over the past few decades, the mountain bike has greatly evolved and can now be divided into two categories: suspension bikes and full-suspension mountain bikes.

Taiwanese Pioneers in Mid and High-End Mountain Bikes Flourish as Demand Rises

Wednesday, November 25, 2020 - 8:00am

As a major exporter of bikes, Taiwanese manufacturers provide nearly 70% of all the bikes for mid-range and high-end consumers around the globe.

Key Points: 
  • As a major exporter of bikes, Taiwanese manufacturers provide nearly 70% of all the bikes for mid-range and high-end consumers around the globe.
  • Each year, Taiwan exports about 2 million traditional bikes and mountain bikes now account for 60% of that total.
  • View the full release here: https://www.businesswire.com/news/home/20201125005305/en/
    Merida's premium version of an electric mountain bike, the eONE-SIXTY, won the Taiwan Excellence Silver Award in 2020.
  • Over the past few decades, the mountain bike has greatly evolved and can now be divided into two categories: suspension bikes and full-suspension mountain bikes.

Phonak Announces Fourth Generation of World’s Only Invisible Hearing Aid

Wednesday, November 11, 2020 - 1:01pm

Stfa, Switzerland, Nov. 11, 2020 (GLOBE NEWSWIRE) -- Phonak, a leading global provider of life-changing hearing solutions, today announces the fourth generation of Phonak Lyric , the worlds only 100% invisible hearing aid that can be worn 24/7 for months at a time.

Key Points: 
  • Stfa, Switzerland, Nov. 11, 2020 (GLOBE NEWSWIRE) -- Phonak, a leading global provider of life-changing hearing solutions, today announces the fourth generation of Phonak Lyric , the worlds only 100% invisible hearing aid that can be worn 24/7 for months at a time.
  • This is extremely important for many consumers and reinforces why Lyric is such a valuable part of the Phonak portfolio.
  • The fourth generation Phonak Lyric is only offered through Certified Lyric Providers.
  • 100% Invisibility: Unlike traditional hearing aids, Lyric is placed deep in the ear canal making it completely invisible when worn.

TCS Group Holding PLC: Statement regarding media speculation

Tuesday, September 22, 2020 - 6:03pm

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Key Points: 
  • 2202)
    (RUS) Vladimir Blinov / Sergey Zyryaev Tel: +7 495 967 1000
    (UK) James Robinson / Jonty Edwards Tel: +44 2077424000
    TCS Group Holding PLC is an innovative provider of online retail financial services.
  • It includes Tinkoff Bank, mobile virtual network operator Tinkoff Mobile, Tinkoff Insurance, management company Tinkoff Capital, Tinkoff Software DC, a network of development hubs in major Russian cities, and Tinkoff Education.
  • The Group is currently developing Tinkoff ecosystem, which offers financial and lifestyle services.
  • Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.

Mountain Bike Market- Roadmap for Recovery from COVID-19 | Rise In Women Mountain Bikers to Boost the Market Growth | Technavio

Thursday, September 17, 2020 - 7:30pm

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities.
  • Growth in the development of electric mountain bikes is a major trend driving the growth of the market.
  • The rise in women mountain bikers will offer immense is one of the major factors driving the market.

Liv Cycling Introduces Intrigue Advanced Pro 29

Tuesday, September 15, 2020 - 4:30pm

The Intrigue Advanced Pro 29 is built to cover ground, mow over techy singletrack and charge down aggressive terrain.

Key Points: 
  • The Intrigue Advanced Pro 29 is built to cover ground, mow over techy singletrack and charge down aggressive terrain.
  • The Intrigue Advanced Pro 29 was built using Liv's 3F design philosophy which applies to the frame geometry and suspension tuning.
  • Further, Liv custom-tuned the Intrigue Advanced Pro 29 suspension for women so it performs optimally for female riders and the bike's intended use, resulting in improved traction, control and confidence.
  • Liv Racing pro enduro rider Rae Morrison has already put her brand new Intrigue Advanced Pro 29 bike to the test.

Leatt Launches High Performance Aaron Chase Signature 3.0 Flat Shoe For Mountain Biking

Monday, August 17, 2020 - 2:40pm

"I wanted a shoe that was perfect for riding, digging and everything in between," Chase said.

Key Points: 
  • "I wanted a shoe that was perfect for riding, digging and everything in between," Chase said.
  • Among the features in the signature Aaron Chase Flat Shoe is the specialized sole manufactured from Leatt's unique RideGrip rubber compound for ultimate bike control in all weather conditions.
  • "We set out on a mission to design the ultimate mountain biking shoe, especially for flat pedal and clipless riders, and consumers love the look and feel of these Aaron Chase shoes," said Sean Macdonald, Leatt Chief Executive Officer.
  • Aaron Chase is an MTB pioneer of the all-terrain slopestyle movement that reclaims the creative spirit of mountain biking.

Tamarack Resort Expands Bike-Park Offering with new Jump Park and Pump Track

Monday, August 3, 2020 - 9:00pm

TAMARACK, Idaho, Aug. 3, 2020 /PRNewswire-PRWeb/ -- Tamarack Resort announces the opening of two new additions to its renowned bike park: a pump track and jump park.

Key Points: 
  • TAMARACK, Idaho, Aug. 3, 2020 /PRNewswire-PRWeb/ -- Tamarack Resort announces the opening of two new additions to its renowned bike park: a pump track and jump park.
  • The jump park provides intermediate to advanced riders with four dirt jump lines highlighted by three large six-foot ramps as well as a whale-tale.
  • The new area, which is complimentary for resort guests, is located near the base area of the resort, offering spectators a direct view of the action from the plaza level of the Village at Tamarack .
  • The grand-opening and ribbon-cutting for the new pump track and jump park will be Aug. 8, 4-6 p.m.