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MAARSSEN, The Netherlands Rumours are again building on Cycleurope and now more specific on its owner; Grimaldi Industri AB in Stockholm, Sweden. It is said that the main reason of the rumoured sale of one of the jewels in Grimaldi Industry portfolio, Bianchi, is caused by a 2006 loss of several tens of million Euro.

MAARSSEN, The Netherlands – Rumours are again building on Cycleurope and now more specific on its owner; Grimaldi Industri AB in Stockholm, Sweden. It is said that the main reason of the rumoured sale of one of the jewels in Grimaldi Industry portfolio, Bianchi, is caused by a 2006 loss of several tens of million Euro. Bad acquisitions should be the reason for the loss. Looking at the portfolio of Grimaldi Industri, there are companies that show a great variety of activities from producing hydraulic valves to E-learning.

 

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http://www.bike-eu.com/news/article.asp?id=2185 

 

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