Cowboy e-bike company acquired by ReBirth Group

The Brussels-based electric bike company Cowboy has been acquired by ReBirth Group Holding, which owns other cycling brands. The deal includes new funding to restart production and address delivery issues.

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Why it matters

The acquisition of Cowboy by ReBirth Group Holding signals a shift in the electric bike market, as larger players consolidate smaller, independent brands.

Key Points

  • 1Cowboy, an electric bike company, has been acquired by ReBirth Group Holding
  • 2ReBirth Group also owns cycling brands like Peugeot, Gitane, and Solex
  • 3The deal includes €15 million in funding from existing shareholders
  • 4The funding will be used to restart production and deal with a backlog of spare parts

Details

Cowboy, a Brussels-based electric bike company, has officially closed a deal to be acquired by ReBirth Group Holding. ReBirth Group is the parent company of Re-cycles, a French manufacturer of traditional bicycles that took over responsibility for Cowboy's e-bike assembly operations earlier this year. The transaction includes new, undisclosed funding from ReBirth as well as €15 million ($17.6 million) from existing shareholders. This funding will be used to restart Cowboy's production and address a backlog of spare parts, which the company had been struggling with in 2025.

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