OC&C advises Bike24 on its recent IPO

Monday 26 July 2021 | News

We are pleased to congratulate Bike24 on its recent IPO. Bike24 is of one Europe’s leading cycling, outdoor, fitness and swimming products e-tailers. The company had revenues of €199m in 2020, has achieved growth rates averaging 30% in recent years, and has consistently delivered double digit EBITDA margins. The IPO is expected to raise €100m which will be used to expand Bike24’s international fulfilment and tailor its proposition for new local markets. 

OC&C is one of the leading strategy advisory firms in ecommerce and digital platforms with deep experience in sports and fitness businesses.

For more details on our experience in this space, please contact our team.

 

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