Announced

Bike Components to merge with GROFA to create Bike Holding.

Synopsis

Bike Components, an e-commerce B2C plattform for bike products and components, agreed to merge with GROFA, a B2B internet platform for sports equipment and e-mobility articles, to create Bike Holding joint venture. Investors Alani Holding and Hoka Capital back Bike Components in this transaction. GROFA is backed by Peter Möhrle Holding, a Hamburg-based family office. Financial terms were not disclosed.

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