Company detailsCompany name: Cycleurope ABGroup name: Grimaldi Industri ABCompany country: SwedenGroup home country: SwedenSector: C - ManufacturingSector detail: C30 - Manufacture of other transport equipmentSub-sectors: C30.9.2 - Manufacture of bicycles and invalid carriages Reshoring detailsReshoring announcement date: 03/10/2016Starting implementation date: January, 2017Reshored to: SwedenLocation of affected unit(s): VarbergLocation code: SE231Reshored business function: ProductionReshoring governance mode: In house (in own facilities)Reasons for reshoring: Proximity to customersCase narrative: Cycleurope is a Swedish company belonging to the Grimaldi Industri group. It offers bicycles (traditional and electric ones) which are manufactured and assembled in its plants in Sweden, France and Italy. In 2017, it decided to relocate in Sweden (Varberg) the production of electric bicycles realized in France until then. The main reason for the relocation was customer proximity since the electric bicycles market is heavily growing in Sweden. Sources: Ny Teknik 03/10/2016 My news desk 29/11/2016 Sources link: http://www.mynewsdesk.com/se/cycleurope/pressreleases/storsatsning-paa-s... https://www.nyteknik.se/fordon/tillverkning-av-elcyklar-flyttar-till-sve... Offshoring detailsOffshoring location: FranceOffshored business function: ProductionOffshoring governance mode: In house (in own facilities)Host country geographical area: Western Europe