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By Ryan Dabbs TZ. The acquisition of Dorel Sports sees Pon Holdings become the largest bicycle and e-bike company in the world, exceeding Giant Bicycles. As a result of this strategy, we have now reached a highlight with the acquisition of Dorel Sports. We are determined to make bikes a powerful part of mobility. Two heavyweights create largest bicycle company in the world. The takeover also sees Pon Holdings acquire a second production location in the Netherlands, where the company is based.

Dorel Industries' decision to sell Dorel Sports comes after the company decided to focus further on other aspects of their business.

The divestiture of Dorel Sports represents a unique opportunity to unlock value by capitalizing on strong demand for scaled assets in the bicycle segment.

Dorel Sports has been an important part of our organization since and we are very proud of the global success it has achieved. Q2 saw Dorel Sports hit new highs as demand for bikes skyrocketed during the Covid lockdown. Share This Post:. This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More. Close Privacy Overview This website uses cookies to improve your experience while you navigate through the website.

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