Text & Photos: Wheel Giant

On September 18th, Glory Wheel (GW) officially announced its acquisition of Spank Industries and Fratelli Industries, two renowned bicycle accessory brands. The grand signing ceremony took place in Taichung, Taiwan, known as the hub of the bicycle industry, marking a major milestone for GW as it continues to expand its global footprint.

This acquisition represents a significant breakthrough for GW in the global bicycle market and further solidifies its leadership position in the high-end bike components sector. By integrating these two established brands, GW aims to enhance its competitiveness and influence in the global market.

Charles Lee, Chairman of Glory Wheel, expressed his excitement about the merger, stating, “We are thrilled to welcome Spank and Fratelli into the GW family. Both brands are well-respected in the market with loyal customer bases. By combining our resources and expertise, we are confident that we can deliver exceptional products and services to the bicycle industry.”

Spank and Fratelli are known for their innovative and high-performance bicycle accessories, and this acquisition will allow GW to offer a more diverse product line, catering to the growing market demand. The merger will leverage the strengths of all three companies in technology, research and development, and market positioning, enabling them to provide cyclists worldwide with higher quality and more innovative products.

GW, with its strong supply chain and manufacturing capabilities in the Asia-Pacific region, will work to expand the international influence of Spank and Fratelli, accelerating the global promotion of innovative products.

This strategic move is expected to significantly boost GW’s competitiveness and enhance its presence in the global bicycle industry.