Latham & Watkins Advises DECATHLON PULSE on Acquisition of Majority Stake in Bikeleasing Group

Latham & Watkins LLP has advised DECATHLON PULSE, a fully owned subsidiary of global leading sports brand DECATHLON, on an agreement to acquire a majority stake in Bikeleasing Group. The transaction involves the acquisition of approximately 65% of Bikeleasing Group, including the 52% stake currently held by Brockhaus Technologies AG. The transaction is expected to close in the first half of 2026 and is subject to closing conditions, including regulatory approvals and the approval of the shareholders’ meeting of Brockhaus Technologies AG.

DECATHLON PULSE is the investment arm and startup studio of DECATHLON. Bikeleasing Group is one of the leading providers of sustainable bicycle mobility and modern employee benefits in German-speaking countries. The Group will continue to operate as an independent entity with its established brands, including Probonio, Bike2Future, Lesora, and Bikeleasing.

The Latham team was led by Frankfurt M&A partners Maximilian Platzer and Christina Mann, with associates Katharina Intfeld, Lara Stelmach, Nils Horst, and Antanas Grimalauskas. Advice was also provided on antitrust matters by Paris partner Adrien Giraud and Düsseldorf partner Tilman Kuhn, with associate Kamilla Zembala; on financial regulatory matters by Frankfurt partner Axel Schiemann, with associates Lasse Winzer and Marie Claire Mollenkopf; on capital markets matters by counsel Frank Bierwirth; on tax matters by Munich partner Ulf Kieker, with associate Henning Kleymann; on real estate matters by counsel Sven Nickel, with associate Marie-Christine Welp; on finance matters by Munich partner Christian Jahn, with associates Thomas Stüber and Valentin Mezger; on litigation matters by associate Viviane Opitz; on ESG matters by London partners Paul Davies and Michael Green, with associate Toon Dictus; on IP matters by Frankfurt partner Susan Kempe-Müller, with associate Andreas Wolf; on data protection law matters by counsel Wolf-Tassilo Böhm, with associates Clemens Ganz and Cenk Nickel; on employment matters by Munich partner Tobias Leder, with associate Julian Traub; on compliance matters by counsel Stefan Bartz; and on regulatory matters by counsel Joachim Grittmann. Local counsel advice was provided by E+H Rechtsanwälte GmbH.