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Pon Holdings BV is a Dutch conglomerate in the transportation sector. It is one of the five largest bicycle manufacturers in the world, and owns bicycle brands Caloi , Cannondale , Cervélo , Derby Cycle (owner of Focus ), GT , Gazelle , IronHorse , Kalkhoff , Mongoose , Santa Cruz , Urban Arrow (cargo bikes), Veloretti, and Schwinn , among others.
Pacific Cycle, Inc., is an American subsidiary of Dutch conglomerate Pon Holdings that makes, imports and distributes bicycles. It was founded in 1977 by Chris Hornung. The company pioneered the sourcing of bicycles from the Far East for distribution in the U.S., developing relationships with suppliers primarily in Taiwan and China. [1]
The company bought Parliament Leasing in 1977, and First Texas Financial Corp., a savings and loan, in 1978. In 1977, Beneficial entered the reinsurance business through its insurance subsidiaries, but this business caused significant financial losses in the 1980s. Beneficial downsized this business and emphasized its second mortgage business.
A conglomerate is a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are typically large and multinational corporations that manage diverse business operations across various sectors.
Cannondale CAAD10 (2011) with SRAM Force group. In 1992 Cannondale introduced the 2.8 series frame based on CAD (computer aided design) and finite element analysis to make a frame weighing only 2.8 lbs. The 2.8 series featured a tapered large diameter down tube, double-offset bottom-bracket cluster, ovalized top-tube, and double-butted seat ...
Everyone is facing increased financial stress in the face of skyrocketing inflation and rising interest rates. But there’s one age group that seems to be having it worse than others: older ...
Santa Cruz Bicycles, LLC is an American division of Dutch conglomerate Pon Holdings that manufacturers mountain bikes in Santa Cruz, California. [2] They sponsor the Santa Cruz Syndicate, a downhill racing team. The company moved premises from 104 Bronson Street to 2841 Mission Street in 2013 . [3] Formerly owned by NHS, Inc.
Focus Financial Partners Inc. is an American company that invests in independent, fiduciary wealth management firms, being listed on the Nasdaq under the ticker symbol FOCS. Headquartered in New York City , it was incorporated in 2004 by Ruediger (Rudy) Adolf , Rajini Kodialam and Leonard (Lenny) Chang.