The logo of e-bike maker VanMoof is seen on a bicycle in Amsterdam, Netherlands August 17, 2023. REUTERS/Piroschka van de Wouw Acquire Licensing RightsLONDON/AMSTERDAM, Aug 31 (Reuters) - Lavoie, the electric scooter unit of Formula One engineering and technology firm McLaren Applied, said on Thursday it has agreed to buy bankrupt premium Dutch e-bike maker VanMoof and will invest to stabilize and expand its business. Fry said McLaren Applied - bought from McLaren Group by private equity firm Greybull Capital in 2021 - would retain VanMoof's departmental managers and would "engage and retain or rehire some of the great people" the Dutch e-bike maker employed. VanMoof had also struggled with quality problems, which McLaren Applied's Fry said had hurt sales. McLaren Applied recently launched the premium Lavoie e-scooter brand.

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Persons: de Wouw, Lavoie, Nick Fry, Fry, Jan Padberg, Robin de Wit, McLaren, VanMoof, McLaren Applied's Fry, Nick Carey, David Holmes Organizations: REUTERS, Formula, McLaren, Reuters, VanMoof, McLaren Group, Capital, Norwest Venture Partners, Nasdaq, Thomson Locations: Amsterdam, Netherlands, AMSTERDAM, Silicon