Porsche Moves to Grab Majority Stake in Greyp Bikes

Greyp eBike

Zagreb, Croatia German high-performance car manufacturer Porsche is moving to increase its stake in Greyp Bikes, confirming it plans to acquire a majority stake in the Croatian company by the end of this year. The move, which is awaiting approval by regulatory bodies, continues an escalating trend in automotive companies buying into the bike industry,…