Rabobank is throwing itself back into professional cycling sponsorship after being absent for nearly a decade, with Visma-Lease a Bike confirming on Thursday that the Dutch-based bank would join forces with the squad after signing a three-and-a-half-year deal.
Wielerflits flagged that the re-entry into the realm of men’s and women’s professional cycling was in the wings on Wednesday for the financial institution which has a presence across 35 countries and in 2024 reported a net profit of €5,163 billion.
“With the addition of Team Visma-Lease a Bike to our sports partnerships, we are returning to our old love: cycling,” Stefaan Decraene, Chairman of the Managing Board of Rabobank, said in a media statement. “As the jersey sponsor of both the men’s and women’s teams, as well as the Development Team, we look forward to supporting the next generation of cycling talent together.”
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“Their decision to rejoin us as a partner is a great compliment,” Richard Plugge, CEO of Visma-Lease a Bike said in a statement. “It shows how much cycling has evolved in recent years and how our team has become synonymous with professionalism, integrity, and success.”
“Through this partnership, we continue building the future of the sport and inspire the next generation of cycling talents. We are proud of this collaboration and excited about what we can achieve together.”