Bern Nolte, owner of the Lower Saxony-based bicycle manufacturer Benobike with the Benotti brand, has signed the purchase agreement for AX-Lightness and is thus the new owner. The aim of the purchase is to strengthen the market position for bicycles and bicycle parts in high-end carbon construction "Made in Germany" and to expand sales worldwide, explained Bernd Nolte, Managing Director of Benobikes from Gieboldehausen in Lower Saxony, in a press release.

Nolte explained that 30 employees will keep their jobs. Operations could continue seamlessly. A long-term rental agreement has secured the Creußen site. The business will continue to operate under the name Ax-Lightness Composites GmbH & Co.KG.

The AX Lightness insolvency was not the fault of the bicycle division - this was in excellent health and was growing steadily. The motorsport division was responsible for the financial misery.

Manufacturer: www.ax-lightness.de
Distributor: www.light-bikes.ch