Pon Holdings takes over Koninklijke Gazelle

ALMERE/DIEREN, the Netherlands - Pon Holdings B.V. (“Pon”) has reached a principle-agreement with the major shareholder Gilde Buy Out Partners about the takeover of the Dutch bicycle manufacturer Koninklijke Gazelle N.V. (“Koninklijke Gazelle”). The takeover fits in splendidly with Pon’s growth strategy as the trendsetting mobility provider and is an important step for growth in the bicycle market.