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Cycleurope
Grimaldi Industri AB of Stockholm, Sweden, is a holding company that owns: * Cycleurope – A group of companies that manufacture bicycles and related items with the brands: Bianchi, Crescent, DBS, Everton, Gitane, Kildemoes, Monark, Peugeot, Puch, Spectra, Tec * Contento * Grimaldis Mekaniska Verkstad * Karlsson Spools * Learnify * Morgana * Plockmatic International * Pricer * 3nine Grimaldi is 100% owned by Salvatore Grimaldi Salvatore Grimaldi (; born 25 May 1945) is a Swedish entrepreneur and speaker. He is the chairman of Företagarna and the CEO of Grimaldi Industri AB. Early life Salvatore Grimaldi was born in Taranto, Italy. He migrated from Italy to Västerås .... References External linksGrimaldi Industri websiteCycleurope websitePlockm ...
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Grimaldi Industri
Grimaldi Industri AB of Stockholm, Sweden, is a holding company that owns: * Cycleurope – A group of companies that manufacture bicycles and related items with the brands: Bianchi, Crescent, DBS, Everton, Gitane, Kildemoes, Monark, Peugeot, Puch, Spectra, Tec * Contento * Grimaldis Mekaniska Verkstad * Karlsson Spools * Learnify * Morgana * Plockmatic International * Pricer * 3nine Grimaldi is 100% owned by Salvatore Grimaldi Salvatore Grimaldi (; born 25 May 1945) is a Swedish entrepreneur and speaker. He is the chairman of Företagarna and the CEO of Grimaldi Industri AB. Early life Salvatore Grimaldi was born in Taranto, Italy. He migrated from Italy to Västerå .... References External linksGrimaldi Industri websiteCycleurope websitePlockm ...
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Cycles Peugeot
Cycles Peugeot, founded in 1882, is a manufacturer of bicycles based in Sochaux, France and currently a part of Cycleurope, a subsidiary of Sweden-based firm Grimaldi Industri. History Peugeot is a French manufacturer founded by Jean Pequignot Peugeot, a 19th-century manufacturer of water mills. Using the mills' profits, Peugeot expanded with a steelworks in Montbéliard, which Jean Peugeot ran with a colleague and his two brothers. The company's trademark, a lion, was created in 1858 by an engraver, Justin Blazer, who lived near the factory. The company turned their steel into knives and forks, hydraulic equipment and, from 1882, bicycles, sold as ''Cycles Peugeot''. In Beaulieu-sur-Doubs (in Mandeure, Doubs) during the same year, the first Peugeot bicycle, penny-farthing called ''Le Grand Bi'', was hand-built by Armand Peugeot. During World War I, Peugeot built nearly 63,000 bicycles per year. It also manufactured 9,000 cars and trucks, 1,000 motorcycles, 10,000 plane engines ...
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Den Beste Sykkel
Den Beste Sykkel (lit. ''The Best Bike''), better known as DBS, is a Norwegian bicycle brand, manufactured by Jonas Øglænd AS in Sandnes, Norway. History The company was founded at Sandnes by Jonas Øglænd (1847–1931) in 1892 and operated under the brand name of Øglænd Cyklelager.DBS.noHistorie At first it was an agent for the German manufacturer Hengstberg, later also the American brand The World. The bicycles were assembled in Norway. In addition to this, some bicycles were also assembled under the brands of Fram and Viking. Then, in 1906, the company started producing bicycles in its own factory. The current brand name, which means "the best bicycle", was adopted in 1932 on the suggestion of the 12-year-old boy Knut Johansen in a competition. The next years were marked by expansion, and export started in 1949. In recent years the company has suffered from competition with inexpensive bicycles from China and the Far East. DBS was sold to Monark in 1989 and after s ...
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Gitane
Gitane is a French manufacturer of bicycles based in Machecoul, France; the name "Gitane" means gypsy woman. The brand was synonymous with French bicycle racing from the 1960s through the mid-1980s, sponsoring riders such as Jacques Anquetil (1963–1965), Lucien Van Impe (1974–1976), Bernard Hinault (1975–1983), Laurent Fignon (1982–1988), and Greg LeMond (1981–1984). It is owned by Grimaldi Industri AB. History Cycles Gitane have their roots in 1925, when Marcel Brunelière opened a smith and agricultural repair works at Machecoul in the Loire-Atlantique region of France. He began making parts for bicycles and the following year opened a further workshop to assemble bicycles for G.M.B and Marbru. Brunelière began making his own bicycles in 1930, choosing the name Gitane (meaning "gypsy" eminine. He added light motorcycles in the 1950s. The name changed to Micmo in 1960 but continued to sell Gitane bicycles. Nearly a third of Micmo was owned by Renault, the car-mak ...
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Puch
Puch () is a manufacturing company located in Graz, Austria. The company was founded in 1899 by the industrialist Johann Puch and produced automobiles, bicycles, mopeds, and motorcycles. It was a subsidiary of the large Steyr-Daimler-Puch conglomerate. History Foundation From 1889 Johann Puch (1862–1914) worked as an agent for Humber vehicles and manufacturer of ''Styria'' safety bicycles in a small workshop in Graz and in 1890 he founded his first company, Johann Puch & Comp., employing 34 workers. Cyclists like Josef Fischer, winning the first edition of Paris–Roubaix in 1896, popularized ''Styria'' bicycles which were even exported to England and France. By 1895, Puch already employed more than 300 workers producing about 6000 bikes a year. In 1897 Puch left the company after a dispute with his business partners. Two years later he founded the First Styrian Bicycle Factory AG (''Erste Steiermärkische Fahrradfabrik AG'') in Graz. Puch's company became successful throu ...
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Bianchi (company)
F.I.V. Edoardo Bianchi S.p.A., commonly known as Bianchi () is the world's oldest bicycle manufacturing company in existence, having pioneered the use of equal-sized wheels with pneumatic rubber tires. The company was founded in Italy in 1885 and in addition to bicycles it produced motorcycles from 1897 to 1967. In 1955 the joint-venture Autobianchi was created together with Fiat and Pirelli for the manufacturing of cars – Autobianchi was subsequently sold to Fiat in 1969. Throughout its modern era, Bianchi has been associated with the Italian Giro d'Italia and Tour de France winners, Fausto Coppi, Marco Pantani and Felice Gimondi. Bianchi bicycles History Edoardo Bianchi, a 21-year-old medical instrument maker, started his bicycle-manufacturing business in a small shop at 7 Via Nirone, Milan in 1885. Bianchi pioneered the front-wheel caliper brake. One of his first developments was to make the front wheel smaller and use the chain invented by Frenchman Vincent to reduce peda ...
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Nymanbolagen
Nymanbolagen (aka Nymans AB or just Nymans) was a Swedish bicycle, moped, and motorcycle manufacturing company in Uppsala, Sweden. In 1947 Nymans Verkstäder in Uppsala, Lindblads Verkstäder (Amerikansk Cycleimport) in Stockholm and some minor bicycle companies, formed Nymanbolagen AB, situated in Uppsala, Sweden. Nymans also manufactured small two cycle outboard boat engines. In 1961 Nymanbolagen merged with the bicycle company Monark AB in Varberg, Sweden into Monark-Crescentbolagen or MCB. Later all production took place in Varberg. The factory in Varberg is now owned by Grimaldi Industri AB via its bicycle company Cycleurope, also producing Bianchi, Gitane, Puch Puch () is a manufacturing company located in Graz, Austria. The company was founded in 1899 by the industrialist Johann Puch and produced automobiles, bicycles, mopeds, and motorcycles. It was a subsidiary of the large Steyr-Daimler-Puch conglo ... and some other brands. Brands * Lindblads/Nymanbolagen: Cres ...
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Monark
Monark, also known as Cykelfabriken Monark AB and Monark AB, is a Swedish bicycle, moped and motorcycle manufacturer, established in Varberg, Sweden, in 1908 by the industrialist Birger Svensson. As of 2016, Monark is valued at 11.5 billion kr. Company history In the 1950s, Monark had a successful record in off-road motorcycle competitions. In 1954 they entered 8 bikes in the International Six Days Trial, a form of off-road motorcycle Olympics. All 8 Monark riders finished with Gold Medals. In 1959, Monark's Sten Lundin won the 500cc motocross world championship. When Monark stopped racing, Lundin re-badged his Monark motorcycle as a Lito and recaptured the world championship in 1961. He dropped to third place in the world championship in 1962, finished second to Rolf Tibblin in the 1963 world championship and, third in the 1964 world championship. In 1961, Monark merged with Nymanbolagen, Uppsala, Sweden into Monark-Crescentbolagen or MCB. Monark is today part of Cycleurope, b ...
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Stockholm, Sweden
Stockholm () is the capital and largest city of Sweden as well as the largest urban area in Scandinavia. Approximately 980,000 people live in the municipality, with 1.6 million in the urban area, and 2.4 million in the metropolitan area. The city stretches across fourteen islands where Lake Mälaren flows into the Baltic Sea. Outside the city to the east, and along the coast, is the island chain of the Stockholm archipelago. The area has been settled since the Stone Age, in the 6th millennium BC, and was founded as a city in 1252 by Swedish statesman Birger Jarl. It is also the county seat of Stockholm County. For several hundred years, Stockholm was the capital of Finland as well (), which then was a part of Sweden. The population of the municipality of Stockholm is expected to reach one million people in 2024. Stockholm is the cultural, media, political, and economic centre of Sweden. The Stockholm region alone accounts for over a third of the country's GDP, ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Salvatore Grimaldi
Salvatore Grimaldi (; born 25 May 1945) is a Swedish entrepreneur and speaker. He is the chairman of Företagarna and the CEO of Grimaldi Industri AB. Early life Salvatore Grimaldi was born in Taranto, Italy. He migrated from Italy to Västerås, Sweden with his parents in the early 1950s. His mother came to Sweden to visit her brothers, who had found work at a company called ASEA. She found Sweden to be such a beautiful country that she decided to stay. Career After working at Volvo, Grimaldi founded a grind mill in his own garage in Köping in 1970. In 1982, he started acquiring companies, including Bianchi, Monark, Crescent and Stiga. He then restructured these companies and sold off portions of the companies that did not contribute to his business objectives. Grimaldi ultimately acquired substantial wealth from these transactions. Personal life Villa Geber, Grimaldi's home since 2001 In 2001, Grimaldi received attention from local media when he bought Villa Geber in Diplom ...
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