Hayes Performance Systems Acquires Reynolds Cycling
MEQUON, USA – Shortly before this year’s Interbike in Reno/Nevada it was already rumoured. Yesterday evening the final decision was announced: US bicycle components supplier Hayes Performance Systems, owner of the brands Hayes, Manitou, Sunringlé, ProTaper MTB and Wheelsmith, is taking over the carbon-fiber wheel expert Reynolds Cycling LLC. The acquisition comes after months of intensive discussions. Financial terms of the deal have not been disclosed.