The NBA legend’s strategic investment in Canyon underscores his demonstrated personal and financial interest in bikes.
LRMR Ventures, the Ohio-based office of basketball icon LeBron James and sports executive Maverick Carter, today announced a strategic equity investment in Canyon Bicycles GmbH.
Another U.S.-based firm called SC Holdings joined LRMR Ventures in the investment, reportedly to the tune of about 30 million dollars. The groups joined majority stakeholder Groupe Bruxelles Lambert and the company’s founder, Roman Arnold, to support what Canyon called “ambitious growth plans” for U.S. markets.
“While we were not actively looking for new investors, LRMR and the SC team immediately understood our mission to build the world’s most inspiring and innovative bike company. Their passion for what we are building will make them instrumental members of our team,” Arnold said.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
MultiVersus turns LeBron James meme into a devastating weaponMultiVersus did its meme homework when designing LeBron James.
Læs mere »
Glasgow's fourth Gaelic primary moves closer with plan to revamp East End schoolPart of St James' Primary in Calton would be demolished to allow an extension to be built as Glasgow City Council looks to open a new Gaelic school in the city.
Læs mere »
Pierce Brosnan spotted filming at East Belfast cafeThe former James Bond actor was on the Belmont Road for his new film The Last Rifleman
Læs mere »
Northampton Uni scraps fossil fuel investment after student pressure60% of universities in the UK now no longer put funds into fossil fuels
Læs mere »
Newcastle United sell more than 84,000 tickets for St James' Park weekend pre-season actionNewcastle United sell more than 84,000 tickets for St James' Park weekend pre-season action nufc
Læs mere »
Hitman 3 welcomes players to Ambrose Island in latest updateA new update has dropped for Hitman 3, bringing with it the promised new location of Ambrose Island and a few new tweaks & fixes.
Læs mere »