ALISO VIEJO, USA - The reorganisation of the Pon owned brand GT Bicycles has resulted in much speculation regarding the future of the brand. Some even assumed that GT Bicycles would shut down once all inventory is sold. According to a Pon spokesperson, the decision to restructure this subsidiary was taken, "to lay a solid foundation for its next chapter."

JINAČOVICE, Czech Republic - The distribution of Pon's premium US bicycle brands Cannondale and GT Bicycles in Central- and Eastern-Europe has been taken up by Aspire Sports S.R.O. "The partnership with Aspire Sports will allow us to leverage the Czechs' expertise in this part of Europe to increase the presence of the brands and expand into new territories," emphasises Cannondale and GT Vice President of Int'l Distributor Sales & Marketing Seth Brosnan.

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 of the Polish, Czech, Slovak and Hungarian markets. We interviewed Marek Dolezal, the CEO of Aspire Sports - a constantly evolving company and one of the most recognisable distributors of cycling and sports equipment for this region.

MONTREAL, Canada - Dorel Industries has terminated the going-private transaction which was announced last November. To convince the current owners, an initial offer of Cerberus Capital Management LP representing the buyers was raised two weeks ago. But it did not convince the two main shareholders of Dorel Industries.

MONTRÉAL, Canada - Dorel Industries has reached an agreement in principle whereby Dorel would be taken private by a buyer group led by affiliates of Cerberus Capital Management, LP and the current shareholders of families Schwartz and Segel.

WOUDENBERG, the Netherlands - Eugene Fierkens, Cycling Sports Group Europe's General Manager is not just planning to make his mark on brands such as Cannondale and GT, but is on a mission to lead changes in what he calls a broken system; the outdated 'model year' mindset in the bicycle industry. Eugene Fierkens made the transition to Cycling Sports Group (CSG) Europe in January 2019. Coming from 14 years at Specialized he is no stranger to the bicycle industry and was keen to tell Bike Europe about his visions for the future.