Hamburg Single Family Office Invests In Online Bike Shop

Hamburg Single Family Office Invests In Online Bike Shop

The Hamburg-based single family office Peter Möhrle Holding acquires a stake of bc GmbH & Co.KG, a bicycle e-commerce company as part of its buy-and-build strategy.

Major German e-commerce bicycle retailer: bc GmbH & Co. KG

Bicycle retailer bc GmbH & Co. KG is based in Aachen and was founded in 1997. The company was a first-mover in the bicycle e-commerce segment. Today, the company has more than 190 employees and operates a modern logistics hub with more than 23,000 sqm storage space. The German bicycle retailer offers more than 70,000 products from 300 brands. Also, bc is operating profitably: in 2018, the net income amounted to €0.85M.

Hamburg-based Möhrle Single Family Office as private equity investor

The wealth of the Möhrle family is based on DIY store chain Max Bahr. The Peter Möhrle single family office invests in private equity and real estate. Also, the “Peter Möhrle Foundation” is connected to the family office. bc is not Möhrle’s first investment in the bicycle industry: in 2014, the family office invested in distributor Grofa Action Sports GmbH.

Source: Presseportal
Picture source: Tiffany Nutt

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