Derby Cycle AG, based in
Cloppenburg, Germany, is one of the three largest manufacturers of bicycles in Europe. During the 2010/11 fiscal year Derby employed 756 people. Derby Cycle has a 14% market share in Germany. The Derby Cycle AG is listed in the Prime Standard of the regulated market of the
Frankfurt Stock Exchange
The Frankfurt Stock Exchange (german: link=no, Börse Frankfurt, former German name – FWB) is the world's 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm (German time).
Organisation
Locate ...
.
History
Derby Cycle Corporation has roots in Luxembourg-based Derby International Corp. SA, a company that had purchased
Raleigh Bicycle Company
The Raleigh Bicycle Company is a British bicycle manufacturer based in Nottingham, England and founded by Woodhead and Angois in 1885. Using Raleigh as their brand name, it is one of the oldest bicycle companies in the world. After being acqu ...
in April 1987. The Derby Cycle Corporation was acquired by chief Alan Finden-Crofts, former chief of
Dunlop Slazenger
Dunlop Slazenger was a sports equipment manufacturing company formed by now-defunct BTR plc by consolidating the various sports brands acquired as part their take-over of Dunlop Holdings in 1985.
The company is most recognised for its involvement ...
, and attorney Ed Gottesman, from Tube Investments (TI) for £18 million, plus £14 million in assumed debt.
In 1988, Derby Group acquired the "Kalkhoff" brand from the insolvent Neue Kalkhoff Werke GmbH & Co. KG., creating the German subsidiary Derby Cycle Werke GmbH ("Derby Cycle Werke"). Kalkhoff had been founded in
Oldenburg in 1919. In 1992, Derby Holding (Deutschland) GmbH was established, incorporating Derby Cycle Werke and Raleigh Fahrräder GmbH.
Derby Cycle sought U.S. bankruptcy protection on August 20, 2001. The management of Derby International, now Derby Group, acquired Derby Cycle Corporation and renamed it Raleigh Cycle Ltd.
In November 2007, Kalkhoff took over the insolvent Derby Cycle Werke's Kynast works in Quakenbrück. The initial public offering followed the successful restructuring of the Frankfurt subsidiary Finatem on 4 February 2011. The Dutch
Accell Group
Accell Group N.V. is a bicycle company based in Heerenveen, Netherlands. They own the bicycle brands Atala, Babboe, Batavus, Carraro Cicli, Ghost, Haibike, KOGA, Lapierre, Loekie, Nishiki, Raleigh, Sparta, Torker, Tunturi, Van Nicholas, W ...
launched a failed takeover attempt in late 2011. Instead, Derby Cycle became part of the Dutch
Pon Holdings
Pon Holdings BV is a Dutch conglomerate in the transport sector. It was founded in 1980 by Ben Pon, Jr., a former racing car driver and son of Ben Pon, Sr., who became the importer of Volkswagen in the Netherlands in 1947.
Activities
Tra ...
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Brands
The following brands and trademarks are currently under the umbrella of Derby Cycle Works:
Current brands:
*
Kalkhoff
Kalkhoff is a German bicycle manufacturer based in Cloppenburg
Cloppenburg (; nds, Cloppenborg; stq, Kloppenbuurich) is a town in Lower Saxony, Germany, capital of Cloppenburg District and part of Oldenburg Münsterland. It lies 38 km s ...
, premium brand of
comfort bikes
*
Focus
Focus, or its plural form foci may refer to:
Arts
* Focus or Focus Festival, former name of the Adelaide Fringe arts festival in South Australia Film
*''Focus'', a 1962 TV film starring James Whitmore
* ''Focus'' (2001 film), a 2001 film based ...
, (acquired 1997) a premium brand for road and mountain bikes
*
Rixe
Rixe was a German bicycle, moped, and small motorcycle factory in Brake, Bielefeld.
The company was founded in 1922. Since the 1950s, Rixe has mostly used the Fichtel & Sachs engines with displacements of and , which were known for their dura ...
, (acquired 1998) city and trekking bikes
*
Univega Univega is a bicycle brand created during the bike boom of the 1970s by Ben Lawee (1926–2002), who founded Lawee Inc. to design, specify, and import bicycles initially manufactured in Italy by Italvega, and subsequently in Japan by Miyata.
Prior ...
(acquired 2001)
*
Raleigh
Raleigh (; ) is the capital city of the state of North Carolina and the seat of Wake County in the United States. It is the second-most populous city in North Carolina, after Charlotte. Raleigh is the tenth-most populous city in the Southeas ...
, better known as Raleigh Germany, produced in Cloppenburg for German-speaking Europe only.
The former brands:
*
Haro Designs Acquired 1988 via West Coast Cycle along with NISHIKI and Cycle Pro. (Sold Kenstone Metals 1993)
*
Nishiki - (acquired 1989, sold U.S. rights to
Dick's Sporting Goods
Dick's Sporting Goods, Inc. (stylized as "DICK'S Sporting Goods") is an American sporting goods retail company, based in Coraopolis, Pennsylvania. The company was established by Richard "Dick" Stack in 1948, and has approximately 854 stores ...
in 2010)
*
Raleigh
Raleigh (; ) is the capital city of the state of North Carolina and the seat of Wake County in the United States. It is the second-most populous city in North Carolina, after Charlotte. Raleigh is the tenth-most populous city in the Southeas ...
(acquired 1999, sold to
Accell Group
Accell Group N.V. is a bicycle company based in Heerenveen, Netherlands. They own the bicycle brands Atala, Babboe, Batavus, Carraro Cicli, Ghost, Haibike, KOGA, Lapierre, Loekie, Nishiki, Raleigh, Sparta, Torker, Tunturi, Van Nicholas, W ...
in 2012)
Notes
External links
Derby Cycle Works official page
{{German bicycle manufacturers
Companies based in Lower Saxony
Cycle manufacturers of Germany
German brands