Advised on Sale of CompanyConsumer & Retail
has been acquired by
Absolut Bikes, a leading B2B e-commerce wholesaler of bicycle parts and accessories, accelerates its international expansion plan. Its founder Kai Stemann has sold his shares in the company to FIELDS Group and will remain managing director for an agreed transitional period.
FIELDS Group is an entrepreneurial and hands-on investor with offices in Munich and Amsterdam. It focuses on acquiring and further developing growing companies with potential.
Absolut Bikes, founded in 1993, is a leading B2B e-commerce wholesaler of bicycle parts and accessories. From its headquarters in Ostfildern near Stuttgart, Germany, it daily ships to more than 2.500 online and offline bicycle shops throughout Europe. Its proprietary B2B platform enables a strong customer focus with benchmark service levels in the bicycle market.
The IMAP team exclusively advised the shareholders of Absolutes Bikes GmbH during a structured M&A process and supported them in negotiating and successfully closing the transaction.