The leading group of automotive dealerships Quadis has now also become the largest distributor of bicycles and their components in Spain, after announcing the purchase of the Barcelona stores Probike and Bicisport, which join the Girona firm Escapa acquired in December 2020 , as reported by the company, which does not detail the amount of the operation.
For Francis López, shareholder and director of Escapa, “the two operations, already closed, represent a strong boost for Escapa. Mainly because we not only expanded and landed in Barcelona, but also doubled our facilities, our billing and sales forecast number of bicycles “.
Now, Escapa will have a greater penetration in the territory by having four physical points of sale, which will add more than 3,800 square meters of commercial area and will be located in Barcelona, Girona and Sabadell.
With this, the forecast is to reach a turnover of 34 million euros and sell about 15,000 bicycles. It will also become the operator with the largest stock in the country and, in addition, it will expand its catalog of brands, being the store with the largest offer of bicycle brands in Spain.
With regard to templates, the incorporation of the Probike and Bicisport team will bring Escapa up to 130 workers.
Likewise, with regard to online sales, which so far accounts for 30% of Escapa’s total sales, it will also continue to boost. In fact, with the purchase of Probike, Escapa will also acquire the cycling e-commerce Retto.
More Stories
Analysis: THE LIST of 620 Russian spies, featuring one alleged agent at the centre of one of the biggest personal scandals in Wall Street history.
National Security News, the specialist media group that reports on national security issues, reports. Analysis: THE LIST of 620 Russian...
HOW TO CONVERT VHS TO DIGITAL
VHS tapes are of poor quality as compared to digital files or DVDs. There might be some VHS, tapes or...
Nadeem Shaikh on Financial Inclusiveness in Pakistan
Nadeem Shaikh, the co-founder of Anthemis and now CEO of NEEM Exponential, is on a mission to address financial inclusiveness...
ZambiaFresh Helping Both Consumers and Producers to Flourish
Zambia is a growing market with a rate of 10 to 15% annual growth. The country is also home to...
Rodrigue Nguesso Discusses Crypto Currencies
Introduction Many of us have a brief idea about cryptocurrencies. Currencies such as bitcoin, dodge coin, Ethereum, etc., have created...
About Thegenxtimes.com
Thegenxtimes.com is an exciting new news website that updates readers on the latest global news stories from a social perspective....