Niner Bikes purchased by Hong Kong group

FORT COLLINS — Niner Inc., a Fort Collins-based bike manufacturer that does business as Niner Bikes, was purchased by UWHK Limited, formerly known as Emersion International.

UWHK announced in February that it planned to purchase Niner, which filed for Chapter 11 bankruptcy protection in November. The company listed more than $8 million in debt. In February, the motion to purchase was for $3.1 million, although financial details of the sale at time of closure were not disclosed.

UWHK is a Hong Kong-based global holding company of outdoor brands owned by United…