AMSTERDAM, Oct 11 (Reuters) - The Dutch owner of bike brands including Gazelle, Santa Cruz and Urban Arrow said on Monday it has agreed to buy brands including Cannondale, Schwinn and Mongoose from owner Dorel Industries Inc. for $810 million, creating one of the largest bike makers globally with $2.5 billion in estimated annual sales.

Pon Holdings, which also bought the Sparta, and Batavus brands for around $900 million in 2017, said the latest acquisition would give it a strong foothold in U.S. markets, where it expects to sell e-bikes as well as road, city and mountain bikes.

Together we can further cater to the ever growing demand for quality and electric bikes, whether it’s for urban use, leisure or sports," CEO Janus Smalbraak said in a statement.

The businesses being acquired from Dorel, which also include GT, Charge, and Caloi, have annual sales of $1.2 billion, Pon said. (Reporting by Toby Sterling, editing by Louise Heavens)