2011

Finatem Fonds Management Verwaltungs GmbH has sold Derby Cycle through an IPO

Two of the funds represented by Finatem Fonds Management Verwaltungs GmbH, Frankfurt, sold the majority of their shares in Derby Cycle AG, Cloppenburg, through an IPO to a broad diversified institutional investor base in Europe. Lincoln International advised Finatem in the evaluation of alternative exit scenarios.

Derby Cycle AG is Germany’s #1 bike manufacturer in sales and a leading player in Europe. Derby Cycle’s premium bike range comprises E-bikes, leisure and professional racing bikes as well as comfort bikes for everyday use and travel. In 2009/10 the company generated approximately sales of Euro 173 m and an EBITDA of Euro 14 million with c. 550 employees.

Lincoln International has been mandated by Finatem as financial adviser in the exit of Derby Cycle AG.

Finatem Derby Cycle 2011 Connect with a Senior Team Member

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