Intersport To Take Over Machecoul Site Cycleurope
ROMILLY-SUR-SEINE, France – Today, the Commercial Court in France announced that Intersport France will be the new owner of the Cycleurope site in Machecoul. Cycleurope CEO Tony Grimaldi (photo) says: “We are confident that this decision will allow a continuation of the operations and the production of bicycles for the mass market with Intersport in Machecoul.”
Grimaldi states further: “Cycleurope Group will strenghten the focus on developing the business in the dealer network with our well established brands Gitane, Peugeot, Definitive, Puch and Bianchi made in our factory Cycleurope Industries in Romilly-sur-Seine.”
About Cycleurope – Cycleurope is a leader in the field of bicycling. Cycleurope produces in France bikes for brands like Gitane, Bianchi and Peugeot. Internationally, the group is a leader across Europe, particularly in the Nordic markets, and its products are distributed in 50 countries in America, Asia and Australia. Cycleurope has production units in three European countries: Sweden, France and Italy.