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Breaking News: Cannondale bought by Dorel for $200m
Cannondale bought by Dorel for $200m
With the purchase Dorel creates two divisons: Pacific Cycle for the mass and an IBD-only division
Canada’s Dorel Industries has acquired the Cannondale Bicycle Corporation.
Headquartered in Connecticut, Cannondale has facilities in Bedford, Pennsylvania as well as offices in Canada, Switzerland, Holland, Japan, and Australia.
The purchase also includes Sugoi Performance Apparel.
The total [...]
