company iconheristo aktiengesellschaft calendar icon06.05.2021

On course for growth together: heristo joins MÖVE Bikes

heristo Holding becomes an investor in the oldest German bicycle brand MÖVE Bikes, which had to file for insolvency at the beginning of the year.

heristo takes over the premium bicycle manufacturer from Thuringia, ensuring a secure future for the innovative and traditional brand and thus safeguarding jobs at the Mühlhausen site. In doing so, heristo is expanding its commitment outside the food segment. Through investments in the mobility and logistics sectors, the company has already recently set strong accents beyond the food segment.

"We at heristo come from the food sector - we share the same vision with MÖVE," explains Oliver Risken, CEO of the Heristo Family Office. The new investor is taking over all orders, which is why all bikes ordered to date can be delivered without complications. Tobias Spröte, CEO of MÖVE Bikes GmbH, adds: "heristo is really a dream partner for us. With a targeted investment, the holding company is enabling us to continue our growth course at full speed. With innovative technologies and unique design, we offer a unique riding experience for a demanding target group."

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