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10-25-08, 11:08 AM
Quote:
"Eddy Merckx will sell the shares of his eponymous bicycle manufacturing company and retire, Sportwereld.be reported Friday. The famous cycling great started the small factory upon his retirement in 1980, and wishes to step out of the daily grind of business. With son Axel in Canada about to embark on running Lance Armstrong's developmental team, Merckx senior will sell the majority shares in the business to Sobradis, a Belgian holding company.
"If you've built something yourself, it's always painful to say goodbye to it. But I had no other choice," Merckx said, "because I do not have a successor who can take over the plant."
"I've played with the idea of doing something quieter," he continued. "I've been working since I was 17 - first as a cyclist, then in 1980 in the bicycle factory. The daily management gradually began to weigh on me.""...
http://www.cyclingnews.com/tech.php?id=/tech/2008/news/10-24
"Eddy Merckx will sell the shares of his eponymous bicycle manufacturing company and retire, Sportwereld.be reported Friday. The famous cycling great started the small factory upon his retirement in 1980, and wishes to step out of the daily grind of business. With son Axel in Canada about to embark on running Lance Armstrong's developmental team, Merckx senior will sell the majority shares in the business to Sobradis, a Belgian holding company.
"If you've built something yourself, it's always painful to say goodbye to it. But I had no other choice," Merckx said, "because I do not have a successor who can take over the plant."
"I've played with the idea of doing something quieter," he continued. "I've been working since I was 17 - first as a cyclist, then in 1980 in the bicycle factory. The daily management gradually began to weigh on me.""...
http://www.cyclingnews.com/tech.php?id=/tech/2008/news/10-24