Major shareholders obstruct Dorel’s take-private deal
MONTREAL, Canada - Dorel Industries has terminated the going-private transaction which was announced last November. To convince the current owners,...
Cannondale owner Dorel Industries to go private, deal on the table
MONTRÉAL, Canada - Dorel Industries has reached an agreement in principle whereby Dorel would be taken private by a buyer group led by affiliates of...
Dorel’s Cycling Sports Group Reports Profit Over 2019
MONTREAL, Canada - Today Dorel Industries Inc. announces slightly increasing results for its Sports division (including Cannondale, Schwinn, GT,...
Dorel Reports Sharply Deteriorating Results
MONTREAL, Canada – Dorel’s Sports segment, including the brands Cannondale, Schwinn, Mongoose, GT, Caloi, and Sugoi, continues to put heavy pressure...
Dorel’s 2015 Results Overshadowed by Challenging Currency Rates
MONTREAL, Canada – Dorel’s 2015 financial results are overshadowed by challenging currency rates. “The adverse exchange rates impacted our earnings...
Dorel Reports Red Figures in Third Quarter
MONTREAL, Canada – Dorel Industries was troubled by the appreciation of the US dollar as well as impairment losses on goodwill and customer...
Brazil’s Caloi Sponsors Olympic Road Race Team
With the Olympic Games taking place in 2016 in Rio de Janeiro, Brazil Caloi – the country’s biggest bike maker, is once again taking center stage on...