NEWS HUB
Electric Life showroom suffers break in, losing more than £40,000 of stock
ELECTRIC Life, a specialist e-mobility retailer that opened a new showroom in November, was broken into in March. The showroom, located off the M6 in Castle
Vale, Birmingham suff ered the break in at 9.20pm on Wednesday, 8th March. A large white van and two cars broke through the locked car park gates and then fi ve individuals dressed in hoodies and balaclavas used an angle grinder to cut through the external roller shutter and forced the locks on the entrance doors.
Silverfi sh secures additional investment to
help weather diffi cult economic climate CORNWALL-based distributor Silverfi sh UK has secured ‘signifi cant’ new fi nancial support through a shareholder funding round, to help combat the current economic climate. Like many companies working in the cycling sector, the
combination of Covid-19 and war in Ukraine has caused major supply chain issues, Silverfi sh said, with this new funding helping to support the company through these headwinds. Finances were raised through Connection Capital and its main existing shareholders, along with further support from Silverfi sh’s lending partner ThinCats, which helps support mid-sized SMEs. ThinCats has supplied Silverfi sh with a restructuring package designed to off er long-term fi nancial support for the business. ●
The retailer has reported more than £40,000
of e-bikes and e-scooters were stolen, which included electric bike brands Orbea, Whyte, Pure, Falcon and electric scooter brands Jivr and Inokin. All e-bikes and e-scooters were stolen without
any keys and chargers, which will make them unrideable and diffi cult to resell across the second-hand marketplace. Anyone with information is urged to contact
West Midlands Police on 0121 626 5000 with the crime reference number 20/244614/23. ●
RideWrap opens installation facility in Greater London
RIDEWRAP is continuing to grow its UK operation with a new installation facility in Greater London. Opening in February, the
bike protection specialists will now be able to assist UK riders by fi tting products at Cycle Exchange in Kingston, on the London-Surrey border. The new space allows bike owners to get RideWrap products cut and installed by the shop’s team of experts, purchase tailored protection kits and get advice on other bike protection products. RideWrap has combined a background in precision engineering and built a proprietary system that produces frame protection components for all bikes and riders. Each installation will cost £140 plus the price of the kit itself. ●
Spoon Customs joins forces with Enve to open custom bike facility in Surrey
SPOON Customs and Gun Control Paint have joined forces with Enve to open a new bespoke bike-build facility in Surrey.
Unit2.cc is a new ‘open-workshop’ destination that offers
a retail experience for consumers purchasing their new custom machines. Officially opening on Saturday, 18th March,
Unit2.cc in
Puttenham, near Guildford, offers a range of exclusive brands, including Enve, Moots, Cooper, POC, and Maap, alongside in-house brands Spoon Customs,
W.Milla (previously WyndyMilla) and Sharp Precision Wheels. ●
www.bikebiz.com April 2023 | 7
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