Dorel buys 2nd bike maker

February 2008
Furniture/Today;2/25/2008, Vol. 32 Issue 25, p38
Trade Publication
The article reports that furniture maker Dorel Industries Inc., owner of bicycle-maker Pacific Cycle Inc., has acquired bicycle producer Cannondale Bicycle Corp. According to Dorel, it will market its brands, including Cannondale, GT and Sugoi, to independent bicycle dealers through the Cannondale Sports Group. Pacific Style is a stand-alone division that zeroes in on mass-merchant sales.


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