Canyon Bikes | Sold
German-based Canyon Bicycles GmbH, who also own the COAST brand, has been sold after it made it clear in October that more funds were needed to continue the current 25% y.o.y growth rate. At that time, investors Carlyle and Apax seemed to be prime contenders for a Eu500m deal, however, the new majority-owner is Groupe Bruxelles Lambert who have a wide portfolio os significant investments in companies like adidas (over 6% stake)
Source: Canyon
Last Updated on 24 January 2026 by the5krunner
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tfk is the founder and author of the5krunner, an independent endurance sports technology publication. With 20 years of hands-on testing of GPS watches and wearables, and competing in triathlons at an international age-group level, tfk provides in-depth expert analysis of fitness technology for serious athletes and endurance sport competitors.
