BikeExchange acquires US-based Kitzuma for $3.37mn
SYDNEY, AUSTRALIA: BikeExchange Limited (ASX:BEX) has acquired 100% of the US-based ‘Ready to Ride’ bike delivery and logistics business, Kitzuma, for US$3.375 million. The acquisition is aligned with BikeExchange’s overall e-Commerce first strategy and pursuing M&A opportunities which enhance the customer journey for purchasing everything bike. The acquisition of Kitzuma provides a key and unique…