PIERER Mobility AG (WBAG:PMAG) acquired Felt Racing, LLC from Groupe ROSSIGNOL SAS on November 23, 2021. The acquisition of FELT Bicycles consists of three components: the purchase of the FELT brand assets, business assets in Europe and in North America as well as the integration of the global workforce into PIERER E-Bikes GmbH's team structure. PIERER Mobility AG (WBAG:PMAG) completed the acquisition of Felt Racing, LLC from Groupe ROSSIGNOL SAS on November 23, 2021.