€10 million worth of bike parts stolen in Shimano heist

If ongoing supply chain constraints weren’t enough, organised crime is now targeting the cycling industry. 

Don’t miss out on the latest CyclingTips updates.

Jump To Comments

Parts for more than 10,000 bikes have been stolen in a dramatic, targeted theft in Germany.

The Shimano e-bike parts were en-route from a distribution hub to a facility owned by Czech manufacturer, Bike Fun International. According to a statement from Bike Fun International, the heist occurred on January 21 at a highway rest stop in Germany, where the driver of the truck was taking a break. 

“In all likelihood, the truck had been followed from the time it was loaded, the thieves waited for the driver to take a rest break, and then the perpetrators put him to sleep with the gas let into the cab,” the Bike Fun International statement reads. “Finally, they disguised the evidence in the cargo area with a fire extinguisher to prevent the seizure of the trace … The incident was carried out by a well-organized group who, by all indications, must have planned the whole thing well.”

The truck was emptied, with the exception of nine unwanted boxes of low-end components. According to Bike Fun International’s supply chain director Petr Krkoska, “This will delay the production of some models by almost a year, as there is no alternative on the market for many of the parts from this shipment.”

Fact check: not any more. 😞

“We are a strong and stable company, so this is just another obstacle out of many we are facing in the last years,” Krkoska added. “But would this happen to smaller manufacturers, it would be liquidating for them.

“Even Shimano has not been faced with a targeted robbery of a shipment on a similar scale,” Krkoska said. “We hope that due to the shortage of parts, these cases will not be repeated, because despite all the measures we have set up, no insurance cover can compensate us for the loss and especially the reputation for late delivery.”

Bike Fun International is the largest manufacturer of bikes in Czechia, with brands including Rock Machine, Superior, and Frappé Cycles. The company builds and paints more than 150,000 bikes annually, although there is now likely to be a dent in that number this year.  

Editors' Picks