Velorution acquire alwaysriding.co.uk to accelerate online growth
Following a year of rapid expansion Velorution, London’s leading Electric and Urban cycling retailer is really thrilled to announce the acquisition of Always Riding the global online retailer of stylish and technically advanced cycle clothing, accessories, bags, bikes and cycling lifestyle products.
Conrad Lewis Velorution’s managing director: "The Always Riding online business was established in 2008 and has grown an extensive customer base of over 20,000 active customers ,a top notch customer service (a Google Certified Store no less) and unique brand selection for road, trail and urban / city cycling."
Velorution shares similar values which makes the acquisition a perfect fit for our business and will accelerate our online growth to reach a larger global audience alwaysriding.co.uk will continue to run as an independent web business enhanced by the addition of our sales and marketing team and extensive product lineup."
Jonathan Cole Velorution’s Chairman: "2019 is going to be a very important year for Velorution. We are currently crowdfunding on the Seedrs.com platform to enable the opening of two more electric and folding bike stores and grow our online business and we are currently at 74% of our target."
"The acquisition of AlwaysRiding comes at a perfect time and will supercharge our global online ambitions as we continue to grow the Velorution brand."