Dutch-based Optima Cycles acquires Dolly Bikes: Know more

Beverwijk-based Optima Cycles, a Dutch E-bike and electrical cargo bike producer, has introduced the acquisition of Utrecht-based Dolly Bikes, a direct-to-consumer cargo bike model.

That is Optima Cycles’ first strategic acquisition after Bolster Funding Companions’ funding in 2021. Mobis Company Finance served because the M&A advisor to Dolly Bikes.

Intention of the acquisition

This strategic transfer enhances Optima Cycles’ presence within the electrical cargo bike market, providing new progress alternatives.

Dolly Bikes, identified for its light-weight cargo bikes and customer-centric strategy, permits Optima Cycles to develop its viewers and strengthen its place within the e-cargo bike market, which is pushed by rising shopper demand and technological developments.

The acquisition permits Optima to develop its viewers and gross sales channels, aligning with its imaginative and prescient for sustainable mobility options.

Michiel Dreef, CEO of Optima Cycles, says, “We’re very excited in regards to the acquisition of Dolly Bikes. Their experience and confirmed idea are an excellent complement to our portfolio. Collectively, we provide our clients a fair wider vary of modern and sustainable mobility options whereas persevering with to develop our management available in the market.”

Daan Buddingh of Dolly Bikes, provides, “Dolly Cargo Bikes have gained the hearts of many households with their distinctive cargo bikes and glorious service. We look ahead to taking Dolly Bikes even additional beneath the wings of Optima Cycles.”

Sustainable e-mobility options

Optima Cycles specialises in designing, producing, and distributing high-quality e-bikes, e-cargo bikes, and youngsters’s steadiness bikes. The corporate focuses on designs to advertise sustainable transportation by encouraging folks to make use of bikes as an alternative of automobiles. 

Optima Cycles manages your entire manufacturing course of in-house, from design to meeting, making certain high-quality management and agility. It does that from its manufacturing unit in Beverwijk and a sister firm, MM Bicycles, in Taiwan.

Manufacturers like Dutch ID, City Arrow, and Lovens produce e-bikes by hand.