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Raleigh Sells Derby Germany

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LAS VEGAS, US ( Oct 3) – Speculation was rife at the IFMA, but now it has been confirmed: Raleigh Cycle has sold its Germany subsidiary to a German investment firm. The investment firm, Finatem II Beteiligungsgesellschaft, specializes in investing in medium-sized German companies. Derby Germany holds the licenses for Diamondback in continental Europe, and […]

LAS VEGAS, US ( Oct 3) – Speculation was rife at the IFMA, but now it has been confirmed: Raleigh Cycle has sold its Germany subsidiary to a German investment firm.

The investment firm, Finatem II Beteiligungsgesellschaft, specializes in investing in medium-sized German companies.

Derby Germany holds the licenses for Diamondback in continental Europe, and Raleigh for Austria, Germany and Switzerland. It also owns the Univega and Focus brands.

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