The source said talks are at "quite an advanced stage" and would involve Lavoie taking over "as much as possible" of VanMoof's operations.
"They are very well aligned with Lavoie's strategy to grow as a premium global brand of e-mobility devices," the source told Reuters.VanMoof wason July 18. It has said administrators are now considering whether it can sell assets and restructure to save the business. VanMoof sold around 200,000 electric bikes for more than 2,000 euros each before going bankrupt, partly due to high maintenance costs. The company had raised more than $180 million from investors including private equity firm Hillhouse, Silicon Valley venture capital fund Norwest Venture Partners and venture firm Felix Capital.
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