Info
Info

Bosch eBike Systems and MAGURA establish joint venture for service business

News

Bosch eBike Systems and MAGURA announced closer cooperation in service and replacement parts distribution.

Info

Bosch eBike Systems is taking a 50% stake in MAGURA Bike Parts, a subsidiary of MAGURA. The new joint venture will operate in future under the name MAGURA Bosch Parts & Services GmbH & Co. KG. The merger is subject to the approval of the relevant antitrust authorities. Both parties have agreed not to disclose financial details.

“Providing specialist bicycle retailers with an excellent service is an important part of the Bosch eBike Systems business model. In recent years we have already had an important partner in MAGURA Bike Parts. The joint venture is the next step in strategically strengthening and expanding our services to the main eBike markets in Europe in the long term,” explained Armin Harttig, Head of Sales and Service at Bosch eBike Systems.

Fabian Auch, a partner in MAGURA, added: “The joint venture is the logical continuation of many years of cooperation with Bosch eBike Systems. In this way we can make even better use of synergies for the bicycle and eBike growth markets, in order to not only meet current and future market demands but to push ahead with innovations and further expand and develop our current service business in the long term.”

The business of MAGURA Bosch Parts & Services GmbH & Co. KG will continue to provide dealer assistance as well as the distribution of replacement parts for MAGURA products, components of Bosch eBike Systems and third-party products in the bicycle and motorcycle industry. The headquarters of the joint venture, which currently has some 90 employees, is in Bad Urach.


The Latest News, Brought To You By
Bosch eBike Systems and MAGURA establish joint venture for service business
Modified on Thursday 1st August 2019
Find all articles related to:
Bosch eBike Systems and MAGURA establish joint venture for service business
TaaS Technology Magazine
Info
AAM And REE Automotive To Jointly Develop New Electric Propulsion System
GHD Survey Reveals Half Of British Consumers Are Considering An Electric Vehicle In Next Five Years
Pininfarina And MT Distribution Join Forces To Create A New Range Of Vehicles For Urban Electric Micro-mobility
EasyMile Raises €55 Million In Series B Round
Nikola And Total Transportation Services Inc. Sign LOI For 100 Nikola Trucks
Ford Boosts Investment In Solid Power
PCB Depaneling: Laser Technology Improves Quality And Efficiency For Automotive Applications
European Launch: NIO To Sell Smart Premium EVs In Norway
Renault Group And Plug Power Inc. Launch HYVIA
Gilbarco Veeder-Root Expands E-mobility Platform With Launch Of EVerse
Former Google Head Of Energy Strategy Neha Palmer Joins TeraWatt Infrastructure
Faraday Future Selects Velodyne As Exclusive Lidar Supplier For Flagship FF 91
FEV Successful In Designing Low Emission, Efficient Hydrogen Internal Combustion Engine
Uber, Mobilize, RATP And Blablacar Join Forces For Sustainable Mobility By Launching The “Mobilité360” Project
Fisker Launches Resource For Environmental, Social, And Governance Policy, Practices And Reporting And
SEAT Introduces Autonomous Mobile Robots In Its Barcelona Factory
Daimler Truck AG And Volvo Group Fully Committed To Hydrogen-based Fuel-cells – Launch Of New Joint Venture Cellcentric
HELLA Brings Latest Passenger Car 77GHz Radar Technology Into Series Production
Construction Begins On First-of-its-kind Electric Vehicle Battery Technology Centre And Pilot Line
Faction Raises $4.3M To Develop Light EV Driverless Fleets
Iteris Awarded $3.3 Million Contract By City Of Modesto For Smart Mobility Initiative
Toshiba Expands Scope Of Its Solid-State LiDAR Solution To Address Transportation Infrastructure Monitoring
Nano One And Johnson Matthey Enter Into A Joint Development Agreement For Lithium-ion Battery Materials
Dr. Matthias Jurytko Takes Over The Management Of The Fuel Cell Joint Venture Cellcentric
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification} Array
Live Event