Tandem Group

Tandem Group
Type	Public limited company
Traded as	AIM: TND
Industry	Sporting goods
Headquarters	Castle Bromwich, Solihull, West Midlands
Area served	United Kingdom
Key people	Stephen Grant (Non-Executive Chairman); Jim Shears (CEO); Phil Ratcliffe(Group Commercial Director)
Revenue	£36.8 million (2017)[1]
Operating income	£2.4 million (2017)[1]
Net income	£2.2 million (2017)[1]
Owner	Public company
Divisions	Tandem Group Cycles; MV Sports & Leisure; Expressco Direct
Website	www.tandemgroup.co.uk

Tandem Group is a British-based designer, developer, distributor and retailer of sports, leisure and mobility products. Based in Castle Bromwich, West Midlands, the company is listed on the Alternative Investment Market of the London Stock Exchange.

Operations

The group structure comprises three main divisions:

Tandem Group Cycles

Tandem Group Cycles designs, manufactures and distributes bicycles and bicycle accessories under the Boss, Claud Butler, British Eagle, Dawes, Elswick, Pulse, Falcon, Squish and Townsend brands.

MV Sports & Leisure

MV Sports and Leisure owns and licenses various rights to design, develop and distribute sporting goods products under various brands, including: Ben Sayers, Hedstrom, Pot Black, Kickmaster, Marvel Avengers*, Barbie*, Batman*, Bing*, Bored, Cars*, Disney Princess*, E-Moto, Fireman Sam*, Frozen*, Hot Wheels*, Incredibles*, Jurassic World Fallen Kingdom*, Justice League*, Li-Fe, The Lion King*, L.O.L Surprise!*, Minions*, Minnie Mouse*, Miraculous*, My Little Pony*, Nerf*, Nickelodeon Slime*, Paw Patrol*, Peppa Pig*, PJ Masks*, Ricky Zoom*, Spider-Man*, Sponge Bob*, Street Quins*, Stunted, Thomas and Friends*, Toy Story*, Transformers*, Trolls*, Twista, U-Move, Wigwam, Wired, Zoomies (*under licence).

Expressco Direct

Expressco sells garden and outdoor products (Garden Comforts), mobility scooters (Pro Rider Mobility), home (At Home Comforts) and leisure products (Pro Rider Leisure). The company sells gazebos, party tents, trampolines and outdoor play products through its brand Airwave, home products including radiator covers with the Jack Stonehouse brand, Pro Rider branded mobility scooters and electric golf trolleys and snap frames through the SnapFrames website.

History

In August 2014, the group purchased Pro Rider Mobility Limited for £2.5M with additional consideration of up to £1 million.[2]

On 2 September 2015, the group took over E.S.C (Europe) Ltd in a deal of £2.1 million with additional consideration of up to £750,000.[3]

On 20 June 2018, BikeZaar collaboration with Tandem Group Cycles.[4]

References

"Tandem Group plc - Annual report and accounts Year ended 31 December 2017" (PDF). Tandem Group. Retrieved 21 June 2018.
"Tandem on right road to growth with Pro Rider Mobility deal". Birmingham Post. Retrieved 30 March 2018.
"Tandem expands again with online retailer buyout". Birmingham Post. Retrieved 4 August 2017.
Sutton, Mark (20 June 2018). "BikeZaar to launch with IBD-facing Tandem Group Cycles partnership in place". Cycling Industry News. Retrieved 4 October 2019.

External links

Company website

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[ar2017-1] "Tandem Group plc - Annual report and accounts Year ended 31 December 2017" (PDF). Tandem Group. Retrieved 21 June 2018.

[2] "Tandem on right road to growth with Pro Rider Mobility deal". Birmingham Post. Retrieved 30 March 2018.

[3] "Tandem expands again with online retailer buyout". Birmingham Post. Retrieved 4 August 2017.

[4] Sutton, Mark (20 June 2018). "BikeZaar to launch with IBD-facing Tandem Group Cycles partnership in place". Cycling Industry News. Retrieved 4 October 2019.