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In 2004, Pacific Cycle was acquired by Dorel Industries from Wind Point Partners for $310 million, acquiring Wind Point's 43 percent stake. [ 8 ] [ 9 ] Under Dorel's Recreational/Leisure product segment, the Pacific Cycle division (PCG internally) deals with the mass merchant and sporting goods channels while the Cycling Sports Group (CSG ...
Dorel Industries Inc. is a Canadian company, based in Montreal, Quebec, which designs and manufactures juvenile products and home furnishings. Its Dorel Sports division, sold in 2022, sold bicycles. It was formed in 1987 as a result of a merger between Dorel Co. Ltd., founded in 1962 by Leo Schwartz and Ridgewood Industries, founded in 1969 ...
The company has since been sold to Pacific Cycle, owned by the multinational conglomerate Dorel Industries, meaning its current China- and Taiwan-made models have little in common with classic ...
The conglomerate went bankrupt in 2001 and was acquired by Pacific Cycle, which was in turn acquired by Dorel Industries in 2004. On October 11, 2021, Dorel Industries sold their entire bike division to Pon Holdings for $810 million. This includes GT, Schwinn, Mongoose among other brands.
Martin Schwartz has been the CEO of Dorel Industries Inc. (TSE:DII.B) since 1992. This analysis aims first to contrast...
The company briefly (1978–1979) produced a bicycle styled after the California mountain bikes, the Klunker 5. Using the standard electro-forged cantilever frame, and fitted with five-speed derailleur gears and knobby tires, the Klunker 5 was never heavily marketed, and was not even listed in the Schwinn product catalog.
The California State Water Resources Control Board clarifies that water rights are a "legal permission to use a reasonable amount of water for a beneficial purpose such as swimming, fishing ...
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.