# BRP acquires 80% stake in Pinion GmbH for urban mobility

BRP Inc. acquired an 80% stake in Pinion GmbH, a German gearbox technology company for bicycles and e-bikes, to expand into urban mobility. The announcement was made on 5 August 2022.

- Type: Acquisition
- Announced: 2022-08-05
- Where: Denkendorf, Germany
- Status: announced
- Products: mechanical gearboxes for bicycles and e-bikes
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BRP Inc.](https://endata.com/companies/2495.md) (acquirer)
- [Pinion GmbH](https://endata.com/companies/64609.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/brp-acquires-majority-stake-in-german-based-pinion-to-spur-the-development-of-new-urban-mobility-solutions-301600708.html), 2022-08-05: "This acquisition is strategic for us as it enables BRP to leverage Pinon's unique, state-of-the-art technology in order to spur the development of new electric human assisted products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.