3 Acquisitions in the Cycling industry

January 16, 2023

Company acquisitions in the Cycling industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 3 acquisitions that took place in the Cycling industry.

almaak international acquired by HEXPOL

Details about the transaction:

Acquisition amount: $76,284,716

Announcement: 8 March 2022

Details about the company:

German-based almaak international produces superior recycled tailored polymer compounds.

Headquarter:

Where to find them: Website

Industry: Plastics and Rubber Manufacturing, Recycling

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Peute Group acquired by SCG Packaging

Details about the transaction:

Acquisition amount: $79,343,335

Announcement: 18 July 2022

Details about the company:

The Peute Group is a stand-alone recycler with a focus on paper and plastic processing.

Headquarter:

Where to find them: Website

Industry: Industrial Engineering, Manufacturing, Recycling

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Rouvy acquired by Pale Fire Capital

Details about the transaction:

Acquisition amount: $6,000,000

Announcement: 4 August 2021

Details about the company:

For recording and evaluating all of your training efforts, Rouvy (formerly VirtualTraining) is a full indoor and outdoor training solution.

Headquarter:

Where to find them: Website

Industry: Cycling, Software, Training

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

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