# Derby Cycle

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German bicycle company

Derby Cycle AG Defunct September 11, 2011 (2011-09-11) Fate Acquired by Pon Holdings Products Bicycles

**Derby Cycle GmbH**, based in [Cloppenburg, Germany](/source/Cloppenburg%2C_Germany), was a manufacturer of bicycles in Europe. During the 2010/11 fiscal year, Derby employed 756 people.[1] Derby Cycle has a 14% market share in Germany.[2] Formerly, the *Derby Cycle AG* was listed in the Prime Standard of the regulated market of the [Frankfurt Stock Exchange](/source/Frankfurt_Stock_Exchange).[3] It was acquired by [Pon Holdings](/source/Pon_Holdings) in 2011.

## History

Derby Cycle Corporation has roots in Luxembourg-based Derby International Corp. SA, a company that had purchased [Raleigh Bicycle Company](/source/Raleigh_Bicycle_Company) in April 1987. The Derby Cycle Corporation was acquired by chief Alan Finden-Crofts, former chief of [Dunlop Slazenger](/source/Dunlop_Slazenger), and attorney Ed Gottesman, from Tube Investments (TI) for £18 million, plus £14 million in assumed debt.

In 1988, Derby Group acquired the "Kalkhoff" brand from the insolvent Neue Kalkhoff Werke GmbH & Co. KG., creating the German subsidiary Derby Cycle Werke GmbH ("Derby Cycle Werke"). Kalkhoff had been founded in [Oldenburg](/source/Oldenburg_(city)) in 1919. In 1992, Derby Holding (Deutschland) GmbH was established, incorporating Derby Cycle Werke and Raleigh Fahrräder GmbH.

Derby Cycle sought U.S. bankruptcy protection on August 20, 2001. The management of Derby International, now Derby Group, acquired Derby Cycle Corporation and renamed it Raleigh Cycle Ltd.

In November 2007, Kalkhoff took over the insolvent Derby Cycle Werke's Kynast works in [Quakenbrück](/source/Quakenbr%C3%BCck).[4] The initial public offering followed the successful restructuring of the Frankfurt subsidiary Finatem on 4 February 2011. The Dutch [Accell Group](/source/Accell_Group) launched a failed takeover attempt in late 2011.

[Pon Holdings](/source/Pon_Holdings), a Dutch trading company that owns the [Gazelle](/source/Gazelle_(bicycle_company)), [Cervélo](/source/Cerv%C3%A9lo) and Union Bicycles brands, acquired Derby Cycle in 2011.[5][6]

## Brands

The following brands and trademarks are currently under the umbrella of Derby Cycle Works:[7][8]

- [Kalkhoff](/source/Kalkhoff), premium brand of [comfort bikes](/source/Comfort_bike)

- [Focus](/source/Focus_Bikes), (acquired 1997) a premium brand for road and mountain bikes

- [Rixe](/source/Rixe), (acquired 1998) city and trekking bikes

- [Univega](/source/Univega) (acquired 2001)

- [Raleigh](/source/Raleigh_Bicycle_Company), better known as Raleigh Germany, produced in Cloppenburg for German-speaking Europe only[9]

Divested:

- [Haro Designs](/source/Haro_Bikes) - acquired 1988 via West Coast Cycle along with NISHIKI and Cycle Pro.; sold Kenstone Metals 1993

- [Nishiki](/source/Nishiki_(bicycle)) - acquired 1989, sold U.S. rights to [Dick's Sporting Goods](/source/Dick's_Sporting_Goods) in 2010

- [Raleigh](/source/Raleigh_Bicycle_Company) - acquired 1999, sold to [Accell Group](/source/Accell) in 2012

## References

1. **[^](#cite_ref-1)** ["DerbyCycle GB 2012"](https://web.archive.org/web/20160203201016/http://www.derby-cycle.com/fileadmin/Media/Downloads/Berichte/DerbyCycle_GB_2012_d.pdf) (PDF). Archived from [the original](http://www.derby-cycle.com/fileadmin/Media/Downloads/Berichte/DerbyCycle_GB_2012_d.pdf) (PDF) on 2016-02-03. Retrieved 2013-08-01.

1. **[^](#cite_ref-2)** [http://www.om23.de/pdf/newsletter_10_07.pdf](http://www.om23.de/pdf/newsletter_10_07.pdf). Retrieved September 8, 2012. {{[cite web](https://en.wikipedia.org/wiki/Template:Cite_web)}}: Missing or empty |title= ([help](https://en.wikipedia.org/wiki/Help:CS1_errors#citation_missing_title))[*[dead link](https://en.wikipedia.org/wiki/Wikipedia:Link_rot)*]

1. **[^](#cite_ref-3)** ["Willkommen bei der Gruppe Deutsche Börse"](http://deutsche-boerse.com/dbg/dispatch/de/kir/dbg_nav/home). deutsche-boerse.com. Retrieved 9 September 2015.

1. **[^](#cite_ref-4)** ["Entschuldigung"](http://www.noz.de/lokales/23381204/das-100-000-fahrrad-produziert). www.noz.de. Retrieved 9 September 2015.{{[cite web](https://en.wikipedia.org/wiki/Template:Cite_web)}}: CS1 maint: deprecated archival service ([link](https://en.wikipedia.org/wiki/Category:CS1_maint:_deprecated_archival_service))

1. **[^](#cite_ref-5)** ["Derby Cycle and Pon Holdings B.V. Agree to Merge | SGB Media Online"](https://sgbonline.com/derby-cycle-and-pon-holdings-bv-agree-to-merge/).

1. **[^](#cite_ref-6)** ["Pon Holding buys out last shareholders of Derby Cycle"](http://www.bicycleretailer.com/international/2013/01/02/pon-holding-buys-out-last-shareholders-derby-cycle). *Bicycle Retailer and Industry News*. Retrieved 2023-07-31.

1. **[^](#cite_ref-7)** ["DerbyCycle Factsheet"](https://web.archive.org/web/20150923213647/http://www.derby-cycle.com/fileadmin/Media/Downloads/Pressemappen/DerbyCycle_Factsheet_110125_de.pdf) (PDF). Archived from [the original](http://www.derby-cycle.com/fileadmin/Media/Downloads/Pressemappen/DerbyCycle_Factsheet_110125_de.pdf) (PDF) on 2015-09-23. Retrieved 2012-09-08.

1. **[^](#cite_ref-8)** ["Derby Cycle brands"](http://www.derby-cycle.com/en/brands/our-brands.html). www.derby-cycle.com. Retrieved 9 September 2015.

1. **[^](#cite_ref-9)** ["Historie | Raleigh Fahrräder"](http://www.raleigh-bikes.de/de/ueber-uns/historie.html).

## External links

- [Derby Cycle Works official page](http://www.derby-cycle.com)

v t e German bicycle manufacturers Current AT Cycles Canyon Corratec Cube Derby Cycle Diamant Focus Ghost-Bikes Hase Kalkhoff Kettler Opel Prophete Propain Bicycles Riese und Müller Rose Rixe YT Industries Defunct Adler Brennabor Express Werke Hoffmann Industrieverband Fahrzeugbau NSU Simson TWN Victoria Wanderer Components Continental Magura Rohloff Schlumpf Drive SON SRM Schwalbe Wippermann

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Adapted from the Wikipedia article [Derby Cycle](https://en.wikipedia.org/wiki/Derby_Cycle) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Derby_Cycle?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
