Merida Buys Not 49% But 19% of Specialized

TAIPEI, Taiwan (August 3) – Contrary to earlier reports in several media, Merida Industry Co. recently acquired not 49% but 19% of Specialized Bicycles Inc., the US company that was first in taking the mountainbike to production. This marriage of one of the world’s top brands with one of the world’s top manufacturers will create

Continue reading this article?

  • Create an account under a minute and continue reading
  • Read 3 articles for free every month

Create an account instantly