- Kalkhoff is a German bicycle manufacturer based in Cloppenburg; it was founded in 1919 by Heinrich Kalkhoff as a family business
Kalkhoff Net worth 2024 (estimated)
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Kalkhoff facts
- Founded as a first small workshop in Kalkhoff's parents' house, the company grew steadily
- By 1939, more than 700,000 frames for bicycles were produced
- The war forced the company to convert to the production of military equipment
- After the end of the second World War, Kalkhoff initially manufactured everyday goods such as trailers and boilers
- Only in 1950 did bicycle production resume with the production of bicycles for leisure and everyday use
- During the 1950s' bicycle boom, Kalkhoff expanded to 1200 employees and daily production reached 5000 frames
- In 1968, Heinrich Kalkhoff left the company and turned management over to his sons Karl, Heinz and Berthold Kalkhoff
- Increased competition from abroad led to a downturn in business which eventually led to insolvency and bankruptcy in 1986
- Kalkhoff was acquired in 1989 by Derby Cycle Corporation
- Production of Kalkhoff bicycles continues at the Derby Cycle factory in Cloppenburg, Germany
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