Ideal Taiwan and LRM Invest In Ridley Bikes
PAAL-BERINGEN, Belgium - Ideal Bicycle Corp. (Taiwan's number three maker after Giant and Merida) and Belgium LRM took a stake in Ridley Bikes as part of the recapitalization of the company. "We are excited to be partnering with strong financial and supply chain partners LRM and Ideal Bike," says Jochim Aerts, CEO of Ridley in a press release.
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