Clearwater International advises Kettler on sale of its bicycle division to ZEG

Clearwater International acted as sole financial adviser to Heinz Kettler GmbH & Co. KG on the sale of its assets of the bicycle division to ZEG Zweirad-Einkaufs-Genossenschaft eG.

Heinz Kettler GmbH & Co. KG is a family owned business headquartered in Ense-Parsit, Germany. The company is engaged in the production and sale of high-quality fitness & sports equipment, leisure & garden furniture and toys for children. Kettler Bike, with production facilities in Hanweiler, Germany is specialised in the production of aluminium bicycles and e-bikes. The company has a tradition of supplying customers with innovative, high quality products “made in Germany”.

ZEG is a network of 960 independent bicycle dealerships in Germany. The company, headquarted in Cologne, was established in 1966. Its portfolio includes well-known brand Hercules. In cooperation with leading manufacturers, ZEG develops special models with renowned brands like Pegasus, Bulls, Green Mover and ZEMO.

  • Image of Heinz Kettler GmbH & Co. KG Company Logo
    sold
    Image of Bicycle division of Heinz Kettler GmbH & Co. KG Company Logo
    to
    Image of ZEG Zweirad-Einkaufs-Genossenschaft eG Company Logo
    Sell-side
    Undisclosed
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    Clearwater Advisers

    Adviser to Heinz Kettler GmbH & Co. KG on its sale of Bicycle division of Heinz Kettler GmbH & Co. KG to ZEG Zweirad-Einkaufs-Genossenschaft eG

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Clearwater Advisers