E-bike maker VanMoof is taken over by e-scooter brand Lavoie from British McLaren. The curators of VanMoof report this. Lavoie plans to continue growing through the acquisition and further develop VanMoof’s business, the company said in a statement.
What the acquisition means for VanMoof customers is not yet known. The final closing of the acquisition is scheduled for September 4. After that, more will be known about what the deal means for VanMoof customers, the trustees said.
A month ago, the court in Amsterdam declared e-bike company VanMoof bankrupt. The company went bankrupt after years of losing tens of millions of euros. This was partly because the repair costs were high and the bicycles often showed defects. The e-bikes are full of VanMoof’s own parts, which also turned out to be a financial Achilles’ heel.
McLaren, known from Formula 1, would like to grow further with the acquisition as a premium brand in the electric vehicle sector.
Bid rejected
The American micromobility.com was also in the running for a takeover. But the company’s CEO reported last week that his offer was rejected. Micromobility.com makes electric bicycles and scooters and is active in the United States and Europe.
Since VanMoof was founded, 190,000 bicycles of the brand have been sold worldwide. VanMoof had its own stores in twenty cities worldwide. The business units outside the Netherlands are not included in the bankruptcy.
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