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Pon restructures Cannondale and GT distribution in Eastern Europe
JINAČOVICE, Czech Republic - The distribution of Pon's premium US bicycle brands Cannondale and GT Bicycles in Central- and Eastern-Europe has been...

GM Europe Eugene Fierkens resigns after Cannondale reorganisation
WILTON, USA - Cannondale has announced a new long term global strategy and reorganisation to a unified structure. "Our aim is to accelerate the...

Dorel Sports officially in hands of Pon Holdings
MONTREAL, Canada - Dorel Industries has completed the sale of Dorel Sports, its bicycle segment, to the Dutch mobility group, Pon Holdings. For the...

2021: A year of highs… and highs
ZEIST, the Netherlands - It's been a busy year for the international bicycle industry. High demand for bicycles, notably e-bikes, driven by the COVID...

'Premium brands deserve premium distribution partners'
Have you ever fully considered the business potential that Central Europe has to offer in terms of the cycling industry? To be specific, let us talk...

New Cannondale assembly site in Europe operational: US facility...
WOUDENBERG, The Netherlands - Cannondale is currently at the forefront of the news, following the recent announcement of Pon Holdings' planned...

Pon becomes biggest in bicycles with Dorel Sports take-over
AMSTERDAM, the Netherlands - Dorel Industries and Pon Holdings agreed on the acquisition as announced today. The sale is expected to close before the...

Dorel Sports reports 40% plus in revenue during first quarter
MONTREAL, Canada - Dorel' sports division which market brands including Cannondale, GT, Schwinn and Mongoose, reports an ongoing increase in sales....

Cannondale eyes upstream investments as European repositioning...
WOUDENBERG, The Netherlands - Extreme market fluctuations, a new business model overhaul, repositioning of the brand... it has been a busy couple of...

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,...