Tenneco Statement on Marzocchi Expected at Interbike
LAKE FOREST, USA – The announcement by Tenneco Inc. last July to discontinue its Marzocchi MTB and motorcycle fork suspension business and to liquidate its Marzocchi operations created a lot of turmoil in the bicycle industry. Clarification on what’s to happen is expected to be announced at Interbike.
Marzocchi’s presentation at Eurobike last week added to the unclear situation of the company. Why did Tenneco invest in a booth at Eurobike after they have decided to cease the operation by the end of this year? Several distributors of the icon brand immediately announced last July that Marzocchi would not disappear. However they did make not clear how that future would look like and that resulted in even more vagueness for all parties concerned.
Unmistakable the uncertain future of the company left its marks on the staff of Marzocchi. “The announcement to discontinue the MTB and motorcycle fork suspension business in Italy came as a big surprise to us as well,” said a Marzocchi staff member at Eurobike.
“Also for us the future is unclear. We have been told that a public statement by Tenneco will be made before or during the Interbike Show in Las Vegas,” said this Marzocchi staff member to Bike Europe. The Interbike show (including Outdoor Demo) will take place from 14 – 18 September.