Schwinn/GT Rebuild

BOULDER, Colorado/USA (September 25) – Pacific Bicycle and Direct Fitness together paid $151 million (€ 166 million) for all assets of Schwinn/GT on September 21 after Pacific had ensured the Schwinn Fitness part already on September 11. Schwinn Fitness will remain in Boulder, Co., but Pacific is moving both Schwinn bicyles and GT to Madison,