News
Editor's note: The following is an update correcting information about Quality Bicycle Products’ “Buy Local Buy Now!” initiative:
On Friday, after months of negotiations, Cervélo founders and owners Phil White and Gerard Vroomen sold their 16-year old company to Pon Holdings, the Dutch company that also owns Germany's Derby Cycle and the Holland's Gazelle.
ALMERE, Netherlands/TORONTO, Canada (BRAIN) Feb 17, 1:00 MT—Pon Holdings announced today that it has finalized negotiations that began in December to acquire Cervélo Cycles.
CULLOWHEE, NC (BRAIN) Feb 17, 11:19 MT—Construction will begin this spring to develop a 350-acre public trail network on Western Carolina University land here.
Scott Sports hires Sibly for Eastern field marketing • ENVE Composites launches all-carbon downhill rim • USA Cycling releases American Mountain Bike Challenge schedule • DT Swiss makes Vancouver's Suspension Werx a factory-authorized suspension center • Fox promotes new engineering manager • Fyxation releases ro
FSA opens UK technical office • A Dahon for every employee
GOSPORT, HAMPSHIRE, UK (BRAIN) Feb 16, 09:57 MT—Full Speed Ahead is opening a UK technical support office at Windwave, its UK distributor.
SAN JUAN CAPISTRANO, CA (BRAIN) Feb 15, 15:27 MT—Former world champion downhill racer Leigh Donovan is joining Interbike as an account executive.
SEATTLE, WA (BRAIN) Feb 15, 12:52 MT—Cascade Bicycle Studio is transitioning from appointment-only hours to standard retail hours at its Fremont location beginning Thursday.
OGDEN, UT (BRAIN) Feb 15, 11:12 MT—Ronnie Points, formerly of Orbea USA, has joined ENVE as national sales manager, the company announced Wednesday.
TAMPA, FL (BRAIN) Feb 15, 10:51 MT—The World Triathlon Corporation has acquired USM Events, an Australian event management company and the owner of multisport festivals at Noosa, Cairns, Mooloolaba and Geelong.
CLOPPENBURG, Germany (BRAIN) Feb 15, 10:39 MT—Germany’s Derby Cycle started its financial year with a 6.6 percent sales gain during the traditionally weak months for bike sales.
Jeep partners with NICA • Tern provides bike shares at SXSW festival • Liv/Giant official bike of Danskin Triathlon Series • Lazer Sport offers kids helmets with new technology
TORONTO, Canada (BRAIN) Feb 14, 14:10 MT—Cervélo's relationship status with Pon Holdings remains, to use Facebook terminology, complicated.
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