Tandem Group
 | |
| Company type | Public limited company |
|---|---|
| AIM: TND | |
| Industry | Sporting goods |
| Headquarters | |
Area served | United Kingdom |
Key people | Stephen Grant (Non-Executive Chairman) Peter Kimberley (CEO) Phil Ratcliffe(Group Commercial Director) |
| Revenue | £36.8 million (2017)[1] |
| £2.4 million (2017)[1] | |
| £2.2 million (2017)[1] | |
| Owner | Public Company |
| Divisions | Tandem Group Cycles MV Sports & Leisure Expressco Direct |
| Website | www |
Tandem Group is a British-based designer, developer, distributor, and retailer of sports, leisure, and mobility products. Based in Castle Bromwich, West Midlands, the company is listed on the Alternative Investment Market of the London Stock Exchange.
Operations
The group structure comprises three main divisions:
Tandem Group Cycles
Tandem Group Cycles designs, manufactures, and distributes bicycles and bicycle accessories under the Boss, Claud Butler, British Eagle, Dawes, Elswick, Pulse, Falcon, Squish, and Townsend brands.[citation needed]
MV Sports and Leisure
MV Sports and Leisure owns and licenses various rights to design, develop and distribute sporting goods products under various brands, including: Ben Sayers, Hedstrom, Pot Black, Kickmaster, Marvel Avengers, Barbie, Batman, Bing, Bored, Cars, Disney Princess, E-Moto, Fireman Sam, Frozen, Hot Wheels, Incredibles, Jurassic World Fallen Kingdom, Justice League, Li-Fe, The Lion King, L.O.L Surprise!, Minions, Minnie Mouse, Miraculous, My Little Pony, Nerf, Nickelodeon Slime, Paw Patrol, Peppa Pig, PJ Masks, Ricky Zoom, Spider-Man, Sponge Bob, Street Quins, Stunted, Thomas and Friends, Toy Story, Transformers, Trolls, Twista, U-Move, Wigwam, Wired, and Zoomies.[citation needed]
Expressco Direct
Expressco sells garden and outdoor products (Garden Comforts), mobility scooters (Pro Rider Mobility), home (At Home Comforts) and leisure products Pro Rider Leisure). The company sells gazebos, party tents, trampolines, and outdoor play products through its brand Airwave, home products including radiator covers with the Jack Stonehouse brand, Pro Rider branded mobility scooters, and electric golf trolleys and snap frames through the SnapFrames website.[citation needed]
Acquisitions and partnerships
In August 2014, the group purchased Pro Rider Mobility Limited for £2.5M with additional consideration of up to £1 million.[2]
On 2 September 2015, the group took over E.S.C (Europe) Ltd in a deal of £2.1 million with additional consideration of up to £750,000.[3]
On 20 June 2018, BikeZaar collaborated with Tandem Group Cycles.[4]
In July 2023, Tandem Group announced a partnership with Cyclefit.[5]
References
- ^ a b c "Tandem Group plc - Annual report and accounts Year ended 31 December 2017" (PDF). Tandem Group. Retrieved 21 June 2018.
- ^ "Tandem on right road to growth with Pro Rider Mobility deal". Birmingham Post. 4 August 2014. Retrieved 30 March 2018.
- ^ "Tandem expands again with online retailer buyout". Birmingham Post. 2 September 2015. Retrieved 4 August 2017.
- ^ Sutton, Mark (20 June 2018). "BikeZaar to launch with IBD-facing Tandem Group Cycles partnership in place". Cycling Industry News. Retrieved 4 October 2019.
- ^ Cox, Simon (6 July 2023). "Tandem Group Cycles partners with Cyclefit, expanding dealer network". Cycling Industry News. Retrieved 30 April 2024.
External links