Samchuly Bicycle Co., Ltd acquired 37.97% stake in Prebebe Co., Ltd. for KRW 6.1 billion.
December 30, 2015
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Samchuly Bicycle Co., Ltd (KOSDAQ:A024950) acquired 37.97% stake in Prebebe Co., Ltd. for KRW 6.1 billion on December 31, 2015. The transaction settlement date is December 31, 2015.
Samchuly Bicycle Co., Ltd (KOSDAQ:A024950) completed the acquisition of 37.97% stake in Prebebe Co., Ltd. on December 31, 2015.
SAMCHULY BICYCLE CO., LTD. is a Korea-based company engaged in the manufacture and marketing of bicycles. The Company's offerings consist of folding bikes, women's bikes, children's bikes, racing bikes, mountain bikes and special bikes under the brand names such as Appalanchia, ELLE, HOUND, NEXT and LESPO. It is also involved in the provision of bicycle parts and related products, such as tires, helmets, goggles, bags, baskets, locks, infant saddles and saddle covers, among others. The Company mainly distributes its products within domestic market.
SAMCHULY BICYCLE CO., LTD 
