Update on Campagnolo Rumours

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Wednesday, July 29, 2009

VICENZA, Italy - Campagnolo has not been sold and is not for sale. That’s what the renowned Italian component maker is now officially saying to all its relations throughout the world.

Yesterday Bike Europe published in its e-Mail Newsletter and on its website an article saying that strong rumours in the bike industry in Europe as well as Asia indicate that Campagnolo has been sold. Asked whether he could confirm or deny the sale Campagnolo’s Marketing & Communication Director Lorenzo Taxis said yesterday: “I am not going to give you an official answer on this, as this is not an official matter inside the company.”

Maybe because Campagnolo got overwhelmed with reactions as since Bike Europe published the article close to 20,000 industry insiders have read the story on the website www.bike-eu.com, the company and Lorenzo Taxis now states:

“Apparently summer temperature brings silly gossip! Campagnolo do not know who has the time to circulate crazy rumors; instead we prefer, as usual, not to waste time and concentrate on business. Campagnolo is not on sale ! Have a nice summer period and see you in September.”

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