Cannondale owner continues to buy in the bike market | Ride MTB

Cannondale owner continues to buy in the bike market

Just a few months after Dorel bought Cannondale and Sugoi, the Canadian conglomerate is taking over another company from the bike industry. The latest member of the group is the American accessories manufacturer PTI Sports.

The company PTI is one of the largest suppliers of accessories and parts for specialist retailers and mass markets in the USA. Among other things, it holds the license for bike accessories under the names of numerous children's and toy brands, such as Disney, Mattel and SpongeBob. PTI is also the second-largest bike helmet seller in North America.

Dorel plans to allocate the new purchase to the Pacific Cycle Division, which also includes the Mongoose and Schwinn bike brands. In addition to these brands, Dorel also owns GT, Cannondale and Sugoi. However, these three brands are combined in the Cannondale Sports Group and will be sold as Dorel's high-end line exclusively through specialist retailers.


Note: This content has been automatically translated from German. Please report any incorrect translations.