Midwest bike shop chain Erik's to buy Rasmussen’s

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Mon May 07 2018
Posted Sep 3, 2018
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Rasmussen’s Bicycle Shop in West Des Moines announced an agreement for the 44-year-old family business to be sold toErik's Bike Shop. With the purchase, which is expected to occur Wednesday, the shop will become the first Iowa location for Erik’s, which operates shops in Minnesota, Kansas, Illinois and Wisconsin. Erik Saltvold founded Erik’s in his parents’ barn 41 years ago when he was only 13, and the company remains independently owned. “I am super confident in the transition, employees are on board, and we are comfortable that the commitment to family and fun that Rassy's has been known for will be taken to the next level as Erik’s transitions the store,” Rasmussen’s owner, Greg Rasmussen, said in a release.