Roko buys 99% stake in Italy’s CyTech
Reuters2026/08/04 12:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Röko acquired 99% of Italy-based CyTech, owner of cycling pad brand Elastic Interface.
- CyTech reports annual net sales of EUR 27 million, employs about 190 people, operates from Italy.
- Business supplies leading cycling apparel brands globally; products used by a majority of the world’s professional cycling teams.
- CyTech will be consolidated in Röko’s B2C segment in August 2026.
- Deal is not expected to materially affect Röko’s earnings in the current financial year.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Roko AB published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.
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