Bicycling

7/7/2025 |  SRAM acquires Ochain (SGB UPDATE) Chicago-based bicycle parts manufacturer SRAM acquired Ochain, the manufacturer of a chainring spider that enables a bike’s chainring to move independently of the cranks, improving mountain bike suspension feel and performance.

7/3/2025 |  EXEC: Accell Tracking Toward ‘Sustainable Recovery” Following Steep Decline In 2024 (SGB UPDATE) Accell Group reported sales dropped 22 percent in 2024 due to extensive discounting in the bike space but growth has resumed in the P&A (parts and accessories) business and certain key regions in early signs of recovery.
In an update, Accell, owned by private equity giant KKR & Co. since 2022, said the following the finalization of the recapitalization in February of this year, it has finalized its 2024 annual accounts. Revenues declined to €1,009 million ($1.2 bn) due to “intense discounting.”

7/3/2025 |  Uvex Group Sold to PE Firm (SGB UPDATE) Uvex Group, the German manufacturer of helmets and goggles for skiing, cycling and equestrian purposes, announced that Warburg Pincus, a private equity firm, will acquire a majority interest in the company. The owner families Winter and Grau will retain a significant minority stake and will be actively involved in the future growth of the business.

7/3/2025 |  Pinarello Establishes New Subsidiary In Shanghai (SGB UPDATE) Cicli Pinarello announced the opening of its new subsidiary in Shanghai. The company reported that the move will enable Pinarello to directly manage its operations in the Chinese market, working closely with its headquarters in Villorba, Italy.

6/18/2025 |  Garmin Launches First Computer for Mountain Bikers (SGB UPDATE) Garmin has released its Edge MTB GPS bike computer, designed specifically for mountain bikers. This device features full-color maps, new enduro and downhill ride profiles, and is the first bike computer in its class with 5 Hz GPS recording, allowing riders to see their trail lines in greater detail during descents. The device offers up to 14 hours of battery life in demanding use cases and up to 26 hours in battery saver mode.