Giant (SPIA Cycling) Acquires Stages Cycling from Foundation Fitness

September 12, 2024

Giant Bicycles, through its SPIA Cycling subsidiary, acquired Stages Cycling from Foundation Fitness following Stages’ Chapter 11 bankruptcy filing. The purchase includes Stages’ intellectual property, manufacturing facilities, product lines and limited inventory and is intended to strengthen Giant’s indoor and outdoor cycling offerings and expand into the commercial fitness market.

Buyers
Giant Manufacturing Co., Ltd. (Giant Bicycles), SPIA Cycling Inc. (Giant subsidiary)
Targets
Stages Cycling
Sellers
Foundation Fitness
Industry
Manufacturing
Location
Colorado, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.