View Single Post
Old 05-05-20, 09:05 AM
  #1  
3alarmer 
Friendship is Magic
 
3alarmer's Avatar
 
Join Date: Nov 2010
Location: Sacramento, CA
Posts: 22,984

Bikes: old ones

Mentioned: 304 Post(s)
Tagged: 0 Thread(s)
Quoted: 26422 Post(s)
Liked 10,380 Times in 7,208 Posts
Colnago Bought by Middle East Oil Money

As Italy slowly emerges from its COVID-19 lockdown, Colnago has announced that it will henceforth be operating under new ownership. The company's fabrication facilities and staff will remain in Cambiago, but strategic direction is now the prerogative of Chimera Investments LLC.Having acquired a majority shareholding, the Abu Dhabi-domiciled investment fund has confirmed that it is now the owner of Colnago, although it's been suggested that traditional fans of the brand can expect little deviation from Colnago's revered road-cycling values.

​​​​​​​https://www.cyclingnews.com/news/col...new-ownership/
...I sincerely hope this does not degenerate into another chain lube thread.
3alarmer is online now  
Likes For 3alarmer: