Lavoie to acquire VanMoof.

Lavoie, a scooter brand of McLaren, agreed to acquire VanMoof, an e-bike startup known for its successful subscription business model. Financial terms were not disclosed. “With its next generation of e-bikes, smart technology, innovative design, and loyal customer base, VanMoof and Lavoie fit together perfectly. VanMoof has 190k customers globally and our commitment is to continue to keep those riders on the road whilst we stabilise and efficiently grow the VanMoof business and continue to develop its world-class products,” Eliott Wertheimer, Lavoie CEO.