Triumph has announced the acquisition of OSET, an e-bike manufacturing brand that makes off-road bikes for children.
Triumph have announced the acquisition of OSET, an e-bike manufacturing brand
Triumph Motorcycles has announced the acquisition of children’s electric off-road motorcycle brand OSET Bikes. This acquisition was announced ahead of the launch of Triumph’s Motocross and Enduro range, and forms part of Triumph’s wider plan to offer a full range of dirt bikes and nurture a new generation of riders.
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OSET Bikes was started in 2004 by Ian Smith, who wanted to build an electric off-road bike for his son Oliver, hence the name OSET (Oliver Smith Electric Trial). In business for nearly 18 years, the manufacturer has sold over 40,000 bikes worldwide. The bikes also feature their in-house developed electric powertrains.
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“While the two brands will continue to work independently, Triumph and OSET will collaborate on new cutting-edge products to inspire young riders to off-road driving, in the segments in which Triumph and OSET will be present, building on their respective strengths to build the best motorcycles in the world,” Triumph Motorcycles CEO Nick Floor said when announcing the acquisition.
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“When we built that first ‘garage’ bike for my son, Oliver, I had no idea it would lead to this moment. We are all very excited about what the future holds for OSET at the within the Triumph family”, Ian Smith, added the CEO of OSET Bikes.
The acquisition of OSET Bikes fits perfectly with Triumph’s strategy to enter the off-road segment announced in 2020, and offers both companies the opportunity to share and benefit from knowledge and experience the other.
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