Pierer Industrie acquires majority stake in Syntace

WELS, Austria – The news has been rumored in the industry for a while, but it has been officially confirmed this week: Pierer Industrie AG has acquired an undisclosed majority stake in renowned German bicycle components expert Syntace. With this, the Austrian motorcycle giant has taken the next step to expand its position in the bicycle industry.

Read this article?

Create an account and read 3 articles every month for free.