ilnadi
Well-Known Member
Tour de France supplier Mavic placed in receivership
French unions demand accountability from Salomon and Amer Sports in 2018 sale
www.cyclingnews.com
"Former parent company Salomon sold Mavic last year to Californian investment fund Regent LP... Amer Sports, a Finnish group that is the main shareholder of Salomon ... was then bought by a Chinese group in March 2019... contrary to what had been publicly announced, Salomon had not sold their business to Regent LP but to a company called M Sports, based in Delaware (USA), with no capital link with Regent."
Trek will prolly buy them