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Old 05-05-20, 09:05 AM
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3alarmer
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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.
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