UK – ZyroFisher, a Darlington, UK-based cycling distributor, received £25M in Lending Facility funding.
The round was led by Praetura Commercial Finance.The company intends to use the funds to expand its operation in Europe beyond the UK, Ireland and France.Led by CEO Robert Haycock, ZyroFisher stocks bicycles, parts, clothing and accessories from brands such as SRAM, BMC, Giro, CamelBak and in-house brand Altura, which it supplies to nationwide retailers such as Evans and Halfords.The company distributes its 28,500 lines of products from a 100,000 sq ft. state-of-the-art warehouse in the North East and a new facility in France, following its acquisition of French cycling distributor Royal Velo France in 2018.16/01/2023
