Home · Industry · 9 Nov 2026

Ghost acquired by Singapore's Tri Star via Bike Tree GmbH, brand to continue

Ghost, which had announced it was shutting down, has been acquired by Bike Tree GmbH and will continue operating alongside Winora and Haibike. Bike Tree GmbH is a newly established subsidiary of Singapore's Tri Star Group (Dutech Holdings Limited), which in October acquired Winora and Haibike from Accell Germany's insolvency assets.

Why it was selected: After Ghost's shutdown, the brand was taken over by Tri Star's Bike Tree GmbH, which can be compared with the Winora and Haibike acquisitions to see the path of brand consolidation.

Ghost acquired by Singapore's Tri Star via Bike Tree GmbH, brand to continue
Credit: 美骑网

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Source: 美骑网