CycloM acquired by Bike Republic
As of 1 September, Bike Republic acquires two new stores. With the acquisition of CycloM in Aalst and Ninove, Bike Republic’s store counter grows to 27 spread across Flanders.
VDP acted as advisor to the seller.
CycloM, led by Marijn Van den Bleeken and Kerstin Hillmayer, evolved in no time into a fast-growing bicycle specialist with a focus on e-bikes. CycloM guarantees quality, a personal approach and excellent service. Nothing will change, because the motivated team that has made CycloM a success story in recent years will remain the same.
For more information: https://www.cyclom.be/nl/home
Bike Republic and Colruyt Group decided to join forces in 2019. By acquiring Bike Republic, Colruyt Group is further investing in sustainable mobility and stimulating sustainable commuting. Bike Republic is expanding at a rapid pace, but there is a reason for this: it wants to become the reference in Belgium in the field of cycling and smart mobility. In the coming years there are plans to open about 50 to 60 stores.
For more information: https://www.bikerepublic.be/
VDP stands for Value Driven People (VDP), is a leading Belgian corporate finance boutique that was founded in 1995. VDP has been successfully assisting its clients, companies and their current and future shareholders, in corporate finance projects such as: mergers & acquisitions, buy-outs and divestitures; public and private placements; financial and strategic advice. More specifically, we have been guiding companies through all stages of their growth path. VDPs expertise is based on a firm grasp on all the knowledge areas of corporate finance and years of experience in a wide range of industries and projects. The heart of our services is a personal and professional approach with a strong focus on result.