Berlin-based CYCLE, a full-service mobility provider, has acquired the Dutch market leader for electric delivery bicycles, Ebike4Delivery. This acquisition bolsters CYCLE’s position in Europe’s e-bike delivery industry.
The acquisition includes Ebike4Delivery’s team, bicycles, and leasing contracts, but the brand, services, and production in Nijmegen will remain unchanged.
The Ebike4Delivery founding team will serve as advisors during the transition, while Frans Brittijn, a long-time employee, will become the new Managing Director of Ebike4Delivery and Sales Director at CYCLE.
Luis Orsini-Rosenberg, co-founder and CEO of CYCLE, says, “Ebike4Delivery has always been a company we looked up to and admired. The quality of their hardware, strong market position, customer trust, and cost-efficient operations impressed us.”
“We are excited to collaborate, learn from each other, and strengthen our position as Europe’s market leader in commercial last-mile transport solutions.”
Brief about Ebike4Delivery
Ebike4Delivery, with over 20 years of experience in the bicycle market, entered the delivery market in 2014. Known for high-quality, low-maintenance e-bikes produced in the Netherlands, the company’s customers include delivery chains like Domino’s Pizza, Taco Mundo, Pizza Hut, and New York Pizza.
Ebike4Delivery provides over 7,000 custom e-bikes to 1,000+ customers in 30+ countries, ensuring smooth delivery operations with high-quality products and services. Bicycles are Dutch-designed, developed, and produced, available for lease or purchase with optional service packages.
Since its 2018 inception, CYCLE has grown its full-service e-bike subscription model to 85 cities across Germany, the Netherlands, Italy, Poland, and Austria. The startup caters to clients like Flink and Just Eat Takeaway, alongside individual couriers.
CYCLE has raised over €20M from investors, including Scania Growth Capital, EnBW New Ventures, LocalGlobe, and Visionaries Club.
Aim of the acquisition
Following the acquisition, CYCLE and Ebike4Delivery will initially operate independently to ensure “smooth” operations and maintain high-quality customer service. In subsequent phases, the companies will merge their expertise in maintenance, procurement, sales, software, and product development.
This strategic alliance aims to enhance operational efficiencies, lower costs, and foster joint innovation. Customers can anticipate a broader product range and improved support as a result.
Moreover, this partnership sets the stage for sustainable growth and exploration into new markets.
Frans Brittijn, new Managing Director of Ebike4Delivery, says, “This acquisition is a significant milestone and opens new doors for growth and innovation. With CYCLE’s extensive service network and resources, Ebike4Delivery will be able to expand its product portfolio and enter new markets more quickly and cost-effectively.”
“We are now better positioned to meet the changing needs of our customers and strengthen our market position. We look forward to a successful future with CYCLE and the team.”
Enabling sustainable delivery
Founded in 2018 by cousins Luis Orsini-Rosenberg and Nikodemus Seilern, CYCLE is a European provider of corporate e-bike subscriptions based in Berlin.
Specialising in full-service mobility solutions for delivery services and couriers, CYCLE offers turnkey e-bike fleets that facilitate sustainable, efficient, and “hassle-free” last-mile delivery.
The company’s services encompass rental, maintenance, repair, and fleet management software. Operating in five European countries, CYCLE serves as a partner to leading companies in the food and grocery delivery sectors.
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