Private equity biz acquires drivetrain maker enviolo
February 9, 2022
Electric bike drivetrain specialist enviolo has been acquired by mid-market private equity business Inflexion in a deal said to be worth $245 million.
In the news late last month, enviolo has just moved in to new Amsterdam and Zwolle premises in preparation for the next stage of growth. Transmission products, in the face of global shortages, are in high demand across the industry, so much so that organised crime rings appear to have acknowledged the supply and demand imbalance. Cycling Industry