Tandem Group

Tandem Group
Type	Public limited company
Traded as	AIM: TND
Industry	Sporting goods
Headquarters	Castle Bromwich, Solihull, West Midlands
Area served	United Kingdom
Key people	Mervyn Keene (Non-Executive Chairman); Stephen Grant (CEO); Jim Shears (Group Finance Director)
Revenue	£36.8 million (2017)[1]
Operating income	£2.4 million (2017)[1]
Net income	£2.2 million (2017)[1]
Owner	Public company
Divisions	Tandem Group Cycles; MV Sports & Leisure
Subsidiaries	British Eagle, Claud Butler, Dawes, Elswick, Falcon, Ben Sayers, Hedstrom, Kickmaster, Pot Black
Website	www.tandemgroupplc.co.uk

Tandem Group is a British-based designer, developer and distributor of sports and leisure 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, CBR, British Eagle, Dawes, Elswick, Exile, Falcon Cycles, Scorpion and Townsend brands.

MV Sports & 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, Ben 10, Ben 10 Ultimate Alien, Ben and Holly's Little Kingdom, Bob the Builder, Doctor Who, Fireman Sam, Generator Rex, Grow & Go, Little Charley Bear, London Olympic & Paralympic Games 2012, Mike The Knight, Octonauts, Peppa Pig, Power Rangers Samurai, Raa Raa The Noisy Lion, Rastamouse*, Star Wars, Stunted, Avengers, Thomas & Friends, Thundercats, Tinga Tinga Tales, Transformers Prime.

Expressco Direct

Pro Rider sells mobility scooters, electric golf trolleys and electric bikes amongst other sports and leisure products. The company is also a producer and online distributor of gazebos and party tents through its brands Airwave and Windbar, home products with the Jack Stonehouse brand, fishing accessories through Carpzone and snap frames through the Snap Frames website. It will shortly be launching a new website for home furniture, lighting and accessories called AtHomeComforts.co.uk.

History

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 collaboration with Tandem Group Cycles.[4]

References

"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. Retrieved 30 March 2018.
"Tandem expands again with online retailer buyout". Birmingham Post. 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.

External links

Company website

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.

[ar2017-1] "Tandem Group plc - Annual report and accounts Year ended 31 December 2017" (PDF). Tandem Group. Retrieved 21 June 2018.

[2] "Tandem on right road to growth with Pro Rider Mobility deal". Birmingham Post. Retrieved 30 March 2018.

[3] "Tandem expands again with online retailer buyout". Birmingham Post. Retrieved 4 August 2017.

[4] Sutton, Mark (20 June 2018). "BikeZaar to launch with IBD-facing Tandem Group Cycles partnership in place". Cycling Industry News. Retrieved 4 October 2019.