Augusta Bike Declares Bankruptcy

AUGSBURG, Germany (17 May 2000)--German bicycle distributor Augusta Bike GmbH has declared bankruptcy. Augusta Bike GmbH is the successor of Augusta Radsport Vertriebs GmbH, former distributor of popular names like Wheeler, Diamondback, Look, Marzocchi and Bogner Bikes, among others. This one-time successful distribution initially declared bankruptcy in mid-1996. At that time Istemi Parman of the

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