Deal strengthens partnership and supports future international expansion
Decathlon Pulse, the investment arm of Decathlon, is acquiring a 65% majority stake in German bike rental specialist Bikeleasing. The two companies already cooperate in Germany, where customers can rent Decathlon bicycles and e-bikes via Bikeleasing, reports retaildetail.eu.
Bikeleasing says Decathlon Pulse’s entry provides “a solid foundation for further sustainable growth and targeted international expansion.”
Read full article here: turnovernews.com
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