Power in Flux

  • Brammo + Quantyaparx = BrammoParx

    Published on 20 September 2011 0452
    6 Comments Comments
    via press release

    ASHLAND, Ore. & BURGKIRCHEN, Germany, Sep 20, 2011 -- Brammo, Inc., a global leader in the electric motorcycle business, today announced the acquisition of Quantyaparx(TM) from the founder and worldwide licensor, KOM Enterprise GmbH.

    Quantyaparx(TM) are hire and ride activity centers designed exclusively for electric dirt bikes. Already successfully established in Germany, Austria, Spain, Sweden and the United Kingdom, the centers offer an affordable and exciting off-road motorcycling experience free from air and noise pollution.

    Hans Eder and his team are the driving force behind this innovative and flourishing enterprise and they will all be joining Brammo. The hire and ride centers will be renamed: BrammoParx.

    Craig Bramscher, founder and CEO of Brammo, said, "We are excited about this acquisition and we will be introducing our latest 6-speed off-road Brammo motorcycles - the Engage and the Encite - to BrammoParx locations at the earliest opportunity. We will also be making the BrammoParx franchise opportunity available in other countries, including the USA." Bramscher continued, "We know the demand for off-road parks is growing and KOM has both a unique business model and a highly successful track record in this market."

    Hans Eder said, "With our existing centers we have proven that environmentally-friendly off-road fun is possible. With the correct instruction and supervision, even someone who doesn't own a motorcycle will be able to ride at BrammoParx - from children to adults." Hans continued, "Brammo ownership will give our existing and new BrammoParx operators access to the Brammo Engage and Encite, the most advanced off-road electric motorcycles in the world."

    Bramscher added, "We are pleased to welcome KOM staff to Brammo. They bring unrivalled expertise in an area that we know has strong growth potential in the years ahead. We are very much looking forward to working together and growing the BrammoParx business."

    About Brammo

    Brammo, Inc. is a leading electric vehicle technology company headquartered in North America. Brammo designs and develops electric vehicles including the Encite(TM), Enertia(TM), Empulse(TM) and Engage(TM) motorcycles. Brammo is an OEM supplier of its innovative Brammo Digital Drivetrain(TM) systems including the Brammo Power(TM) battery pack and Brammo Power(TM) vehicle management system. Brammo has vehicle distribution and marketing operations in North America, Europe and Asia. To learn more, visit www.Brammo.com .

    About KOM Enterprises

    KOM Enterprise GmbH, located in Burgkirchen, Bavaria, was formed in 2005 by Hans and Sylvia Eder. KOM Enterprise GmbH has licensed and developed off-road riding centers in Germany, Austria, Spain, Sweden and the United Kingdom. The off-road riding centers are operated exclusively with electric-powered motocross dirt bike motorcycles. In recognition of their innovative concept, KOM Enterprise GmbH received the DMSB Environmental Award 2008 from the German Motorsports Association (DMSB). To learn more, visit www.BrammoParx.com .

    Disclaimer:

    Quantya S.A. Lugano and Quantya are organizations and trademarks formerly associated with Quantyaparx(TM). The acquisition of Quantyaparx(TM) from KOM Enterprise GmbH by Brammo is a discrete transaction, separate and distinct from Quantya and the Quantya line of electric motorcycles. Brammo's denomination of future facilities under the brand, "BrammoParx," is, in part, intended to avoid any possible confusion.

    Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/...005509&lang=en

    SOURCE: Brammo, Inc.



    Brammo, Inc.
    Adrian G Stewart, 541-944-8895
    astewart@brammo.com
    or
    Brammo Europe
    Hans Eder, +49 (0)867 991 6700
    heder@brammo.com
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    Comments 6 Comments
    1. Richard230's Avatar
      Richard230 - 20 September 2011
      It would be nice if Brammo would build some off-road bikes to ride in their new off-road parks. I am really getting tired waiting for their completely redesigned 6-speed Empulse to be developed, built and sold to the public. I hope I live long enough to actually own and ride one.

      Is it just me, or are there a lot more announcements in the news over the past few years about companies buying other companies instead of companies developing and actually producing new products?
    1. HighlanderMWC's Avatar
      HighlanderMWC - 20 September 2011
      Buying new companies is a short process compared to developing a new product so it will always outstrip it in quantity.
    1. billmi's Avatar
      billmi - 20 September 2011
      Nice vertical move.
      I guess there are going to be some deals to be had on used Quantyas.
    1. skyclark's Avatar
      skyclark - 20 September 2011
      The article said that it is a discrete sale of quantyaparx rather than a sale of quanta or it's motorcycle production. I am surprised that portion of the business was worth buying.
    1. billmi's Avatar
      billmi - 21 September 2011
      I suspect they proved to be the most effective sales tool, to get people to accept electric off-road bikes. I wonder how many parks there are and how big their rental fleet is, and whether the whole fleet will get sold at the same time, or if they'll sell them a few at a time to not run-down their value.
    1. skadamo's Avatar
      skadamo - 23 September 2011
      Quantyaparx and Quantya were two separate companies. It would be interesting to find out why Brammo was more in line with "Quantyaparx" best interests than Quantya was.

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