Industry News
SAN DIEGO, CA (BRAIN)—Private equity firm Falconhead Capital has agreed to acquire Inside Communications, Inc. (ICI), adding to its media and event assets in the competitive cycling and triathlon segments of the endurance sport industry. Financial terms were not disclosed.
"I had to drop out of hair school myself."
—as overheard on a Portland MAX subway train.
MORGAN HILL, CA (BRAIN)—The California State Congress recently recognized the Specialized Water Bottle Department as the employer of the year for the Hope Program, which provides jobs for people with mental and physical disabilities.
CHICAGO, IL (BRAIN)—Zym Portable Electrolyte Drink enters 2008 poised for growth with the addition of several new distributors both nationwide and abroad, as well as several initiatives to drive consumer awareness of the product.
NBDA marketing man in charge, man at large, Michael Baker and wife, Lisa, welcomed to the world a baby girl last Friday. Jordyn Angeline Baker weighed in at 6 lbs, 12 Oz and measured 19.5" long.
DENVER, CO (BRAIN)—Attendance jumped 25 to 30 percent at the second year of the Serotta International Cycling Institute Science Symposium and Expo, according to event organizer and Institute director Dr. Ray Browning.
SAN DIEGO, CA (BRAIN)—Bicycle Retailer and Industry News recently handed out its BRAINy awards with a first-ever emphasis on companies making a concerted effort to go green.
Courtesy of the boys over at Base Camp and Princeton Tec:
LITE GRAFFITI-PRINCETON TEC FUEL HEADLAMP
DUARTE, CA (BRAIN)—Dahon celebrated its 25th anniversary by unveiling a new Web site.
The redesign of Dahon's corporate Web site doesn't only improve present aesthetics, but it also allows more user-friendly navigation.
SANTA FE, NM (BRAIN)—Campagnolo and Fulcrum have added BTI as the latest distributor to the U.S. market.
BTI has received its first shipment of Campagnolo products and Fulcrum wheels from Italy and are ready to service the IBDs.
PORTLAND, ORE (BRAIN)—The 4th Annual North American Handmade Bike Show takes over Portland starting today and running through Sunday at the Oregon Convention Center.
Show founder Don Walker expects big numbers in bike-friendly Portland.
"From Oakland to Sacktown
The Bay Area and back down
Cali is where they put they mack down"
—2Pac in "California Love"
PETALUMA, CA (BRAIN)—Formula Brake has launched a new Web site showcasing its 2008 line of Italian disc brakes.
The new site pays homage to nearly Mt. Tam, while spotlighting new products, news and downloads to better serve the American market.
NOVATO, CA (BRAIN)—Marin Bikes will be displaying and demo’ing its 2008 bikes, and Marin Bikes staff and Shaums March of Mad March Racing will hold special raffle tickets for dealers attending the Decline/Road Magazine Street Block Party.
VAN NUYS, CA (BRAIN)—After 11 years at Easton, brand manager and former marketing manager Jeff Schneider has left the company.
“The experience at Easton has truly been a pleasure and I am proud of what just a small group of us were able to accomplish over this time," Schneider said.
CRESTED BUTTE, CO (BRAIN)—The Mountain Bike Hall of Fame and Museum is seeking nominations for the 2008 induction ballot.
Nominees can be individuals or organizations who have made significant contributions to the sport of mountain biking on a national or international level.
MONTREAL, Quebec (BRAIN)—Dorel Industries’ purchase of Cannondale now positions the Canadian consumer goods company right behind Trek and Specialized within the independent bicycle dealer (IBD) channel, according to Dorel president and chief executive officer Martin Schwartz.
BEREA, OH (BRAIN)—Scottish clothing manufacturer Endura is expanding its distribution facility in Ohio to support its growing U.S. sales.
It also hired Santa Fe, New Mexico retailer David Bell, as its interim sales manager, while it seeks a permanent manager.
NEWTONVILLE, MA (BRAIN)—Sheldon Brown, who could explain the intricacies of 40-year-old Sturmey Archer hubs with the same patient clarity with which he would explain suspension or integrated shifters, died from a sudden heart attack Sunday night.
MONTREAL, Quebec (BRAIN)—Dorel Industries has just announced the acquisition of the Cannondale Bicycle Corporation.
The total value of the all-cash transaction will be $190 (U.S) to $200 (U.S) million, subject to Cannondale's earnings results for the year ending June 30, 2008.
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