Posts Tagged ‘Brompton’
£19 Million Injection for Supercharged Brompton Growth
London, UK Folding bike specialist Brompton’s desires to grow even faster than its 20% organic expansion in recent years has sparked a £19 million (A$25.51 million) capital injection for the UK company. Growth capital investor BGF recently took a minority stake in the English manufacturer, securing £19 million in equity capital to further accelerate growth.…
SRAM’s $490 Million Commitment to Taiwan
Taichung, Taiwan SRAM Group is investing A$490 million (10 billion New Taiwan dollars) in a new Taiwan plant, the US company announced last month. The new plant, in Taichung’s Tanzi District, will consolidate all of the company’s existing production facilities in the east-Asian country, developed during the company’s three decades in Taiwan. SRAM’s vice president…
Folding Bike Giant Seeks Supply Solutions to Global Challenges
Greenford, UK Mounting predictions of a possible invasion of Taiwan by China is one of several reasons folding bike pioneer Brompton is shifting parts of its supply chain away from those two countries, the company has revealed. Additional global challenges such as Brexit, transportation through the Suez Canal and the impacts of Covid have all…
Bike Brands Now Targeting Mainstream Consumers
BBC Produces Documentary on the Bike Boom
In December 2020 the British Broadcasting Corporation (BBC) released an interesting new 23 minute documentary about the global bicycle market and its covid induced boom. The program is one of an eight part series entitled Made on Earth: Road to Recovery. As you would expect from the BBC, this is a very well-produced program that…