Triumph has announces the acquisition of the EV off-road motorcycle & kids bike manufacturer OSET that has sold more than 40,000 bikes globally featuring their inhouse developed electric powertrains.
Nick Bloor – Triumph CEO commenting on the accqusition stated that the opportunity of joining forces with OSET Bikes: a dynamic brand that has been encouraging children into motorcycling for many years and have been at the forefront of developing electric trials bikes for fun and competition.
"Whilst the two brands will continue working independently, Triumph and OSET will collaborate on new state-of-the-art products to inspire young riders into off-road riding, across the segments that Triumph and OSET will have a presence in, drawing on their respective strengths to build the best bikes in the world." Bloor said.
The acquisition of OSET sits within Triumph’s strategy of entering the off-road segment, announced in 2020, and provides both companies with the opportunity to share and benefit from each other’s knowledge and experience in their respective segments, enabling both brands to grow internationally in parallel.
OSET Bikes offers products that are suitable for any rider, starting from 3 years old and upwards.
Ian Smith – OSET Bikes CEO said that the company is very excited for what the future holds for OSET as part of the Triumph family. " We are now better positioned to develop and innovate across our range, while enjoying the security of scale and market position Triumph can offer OSET” Smith Stated