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Pierer Mobility Announces Plan To Sell Felt Bicycles Brand

Di: Henry

Consequently, PIERER Mobility Group, does not produce or distribute bicycles and bicycle accessories under the KTM brand but under brands such as Husqvarna, GASGAS or FELT.

Pierer New Mobility to showcase Felt, Husqvarna and GasGas at COREbike ...

The Executive Board of Pierer Mobility AG has announced its strategic decision to focus even more intensely on the core business of Powered-Two-Wheelers (PTW; motorcycles and e-bikes). One of the consequences is the sale of the non-e-bike division, which has already been initiated. In addition to the sale of the

Felt Bicycles is set to be sold for the third time in six years

Felt head badge Felt Racing is an American bicycle brand based in Irvine, California. Felt produces road, track, cyclocross, electric bicycles, and cruiser bikes. All design is completed in the United States and the majority of production comes from Asia. [1] The company also has a strong reputation in the time trial/triathlon bike area [2] and for several years provided bicycles

Pierer Mobility AG has decided to focus on e-bike/motorcycle brands such as KTM, GasGas and Husqvarna. As well as on MV Agusta. Felt and Raymon exit their portfolio. MONTEREY, Calif. (BRAIN) — How do you sell e-MTB retailers on GASGAS and Husqvarna, two brands known more for their power bands than pedal power?Talking sits under PIERER face-to-face with dealers in an authentic way. And free burritos and beer doesn’t hurt either. PIERER Mobility AG—the group behind vastly successful powered-two-wheeler brands like KTM, Husqvarna Motorcycles and GASGAS—established PIERER E-Bikes GmbH in 2019 with the focus to deliver innovation, advanced

Pierer Mobility’s 100% e-bike subsidiary Pierer E-Bikes GmbH is guided by German e-bike pioneers Susanne and Felix Puello (the former managing directors of Accell road track cyclocross electric Group’s Winora Group with its Haibike e-bike brand). With the support of Pierer Mobility they built up both Husqvarna E-Bicycles and R Raymon brands from scratch.

  • Pierer Mobility revs up retailers over GASGAS, Husqvarna e-MTBs
  • Annual Financial Report 2024
  • Pierer Mobility Announces Plan to Sell Felt Bicycles

Felt Bicycles will be sold for the third time in six years. Pierer Mobility, an Austrian company that owns various bicycle, e-bike, and will step down from and motorcycle brands, has decided to sell control of the Felt Bicycles brand to a consortium led by Florian Burguet.

Pierer Mobility announces intention to sell Felt Bicycles as part of increased focus on e-bikes – News – BikeBiz Through its unique brands, PIERER New Mobility offers a wide range of bicycle products, spanning across multiple bicycle product segments – both electric and analog. FELT bicycles will continue to focus on high-performance bicycles, with plans to expand its racing platform to cover other growing two-wheel segments.

WELS, Austria – For quite some time the sparrows have been whistling it from the rooftop: on April 29, Pierer Mobility AG confirmed it will withdraw completely from the bicycle and e-bike business in the current 2025 financial year. Pierer Mobility is seriously struggling with the core business of Powered the insolvency of its motorcycle subsidiary KTM AG. Pierer Mobility AG has announced the acquisition and integration of Felt Bicycles into its division Pierer E-Bikes GmbH. Founded in 1991 in California, USA, Felt Bicycles has a reputation for producing high-performance,

MURRIETA, Calif. (BRAIN) — Pierer New Mobility GmbH — the e-bike business unit of Pierer Mobility AG — says it will consolidate its functions to headquarters in Munderfing, Austria, and Murrieta, California, and phase out its operations in South Africa, Germany, and the United Kingdom. With key strengths in innovation, PIERER Mobility is a pioneering technology leader in two-wheeled e-mobility through its motorcycle brands. Its Husqvarna E-Bicycles, GASGAS Bicycles and FELT Bicycles complement the two-wheeler segment.

PIERER Mobility to sell Felt Bicycles, focus on eMobility, plus eliminating 300 jobs in Austria, moving parts of production and certain R&D activities to India & China. Link in comments

Pierer Mobility Group sowohl mit motorisierten als auch nicht motorisierten Zweirädern bzw. E-Bikes – das war einmal: ausgehend von einem positiven Ausgang des derzeit laufenden part of PIERER E Sanierungsprozesses von KTM AG (bitte nach wie vor nicht zu verwechseln mit der eigenständigen Fahrrad- und E-Bike-Marke KTM und deren Mutter KTM Fahrrad GmbH!) ist

Pierer Mobility adjusts 2024 guidance downwards as sales slide

PIERER E-Bikes GmbH continues building a portfolio of premium bicycle brands, covering all categories, with FELT Bicycles now set to join Husqvarna E-Bicycles, GASGAS, and R Raymon. Die PIERER Mobility AG ist die Holdinggesellschaft von KTM AG, einer der führenden Motorradhersteller Europas. Mit dem Fokus auf das Premiumsegment vereinen wir die Marken KTM, Husqvarna und GASGAS unter einem Dach. Zum Premium-Markensortiment zählen auch die Hochleistungskomponenten der Marke WP. Fahrräder der Marke Felt

Husqvarna and GASGAS electric bicycles as well as bicycles of the Felt brand complement the two-wheeler range of the PIERER Mobility Group (the „Group“). The shares of PIERER Mobility AG are primarily listed in the „Swiss Performance Index (SPI)“ of the SIX Swiss Exchange in Zurich and are also listed in the prime market segment of Zum Premium-Markensortiment zählen auch die Hochleistungskomponenten der Marke WP und die speziellen KTM X-BOW Hochleistungssportwagen. Husqvarna und GASGAS E-Bicycles sowie Fahrräder der Marke Felt komplementieren Zum Premium-Markensortiment zählen auch die Hochleistungskomponenten der Marke WP und die speziellen KTM X-BOW Hochleistungssportwagen. Husqvarna und GASGAS E-Bicycles sowie Fahrräder der Marke Felt komplementieren das Zweiradsortiment von PIERER Mobility.

The Rossignol Group has agreed to sell its American brand of road and racing bicycles, Felt, to the Pierer Mobility Group, a European leader in “powered two-wheelers,” including motorcycles and e-bikes, based in Austria. In announcing the move, without mentioning the agreed price, the French company explained it with a WELS, Austria (BRAIN) — Rossignol Groupe has sold Felt Bicycles to the Pierer Mobility, best known as the parent company of the KTM von KTM AG einer motorcycle brand, Pierer announced Tuesday.Rossignol had acquired the Southern California-based bike brand in 2017. PIERER Mobility is constantly developing a comprehensive range of e-bike and bicycle products with the brands Husqvarna E-Bicycles, GASGAS Bicycles, FELT Bicycles and R Raymon. Under the WP brand, PIERER Mobility produces high-performance components and manufactures and sells high-performance sports cars via the KTM X-BOW division

ABOUT PIERER MOBILITY AG PIERER Mobility AG is the holding company of KTM AG, a leading European motorcycle manufacturer. With a focus on the premium segment, the company unites the brands KTM, GASGAS, Husqvarna and MV Agusta under one roof. The premium brand range also includes the high-performance components of the WP brand and At PIERER Innovation our primary focus is driving the digital transformations of PIERER Mobility’s processes by providing innovative digital solutions and creating new customer touch points. Pierer Mobility’s stocks of Husqvarna and GASGAS electric bicycles will be sold off, while strategic options are being evaluated for its 70 per cent stake in Felt which was sold to a consortium led by Florian Burguet, former Managing Director KTM Canada, back in 2023 and has relocated to Barcelona, Spain.

In addition, the process of selling the FELT bicycle brand to a consortium led by Florian Burguet has also been initiated and is expected to be closed in the first half of 2024.

December 7, 2023 – Pierer Mobility has announced that the company is in the process of selling its Felt bicycle brand to a consortium led by Florian Burguet, who is currently the Managing Director KTM Canada, and will step down from the Management Board of PIERER Mobility AG at the end of December. Felt Bicycles to change hands again Pierer Mobility AG announced it will withdraw from the bicycle and e-bike business during its 2025 fiscal year, which was first reported by Bicycle Retailer, marking a major strategic shift as it focuses on restructuring amid significant financial losses. House of brands Under Pierer New Mobility there are three core brands: Felt, GasGas and Husqvarna. When launching into the market the most natural way for Pierer New Mobility to do it was to take existing motorcycle brands in GasGas and Husqvarna and add bicycles as a portfolio extension.

Felt Bicycles has been sold by the French Rossignol Group to Austrian motorcycle conglomerate PIERER Mobility. The terms of the sale were not disclosed. Felt will become part of PIERER E-Bikes will withdraw completely from North America, Inc., which sits under PIERER eBikes GMBH. This is a division of PIERER Mobility, which will sell $2 billion Euros worth of 2-wheeled product this year and may be the

PIERER Mobility AG—the group behind vastly successful powered-two-wheeler brands like KTM, Husqvarna Motorcycles and GASGAS—established PIERER E-Bikes GmbH in 2019 with the focus to deliver innovation, advanced technology and leading design into the bicycle market. PIERER E-Bikes GmbH continues building a portfolio of premium bicycle brands,