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Cervélo founders cashing out or distress sale?
Cervélo & Pon make 'financing arrangement': http://www.bicycleretailer.com/news/...tail/6310.html
Dutch conglomerate Pon, which recently bought Derby Cycle, has agreed to 'a financing arrangement' with Cervélo and has retained an exclusive option to purchase the Canadian company. Cervélo announced the agreement late Friday on its website: Cervélo has entered into a financing arrangement with PON Holdings BV. In addition, Cervélo and PON have signed a Letter of Intent that enables both parties to agree on a sale of Cervélo in exclusivity. |
So how many threads on this same subject does this make???
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Originally Posted by roadwarrior
(Post 13635638)
So how many threads on this same subject does this make???
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Originally Posted by roadwarrior
(Post 13635638)
So how many threads on this same subject does this make???
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Financing deal with an option to buy might be good for Cervelo. It would allow Cervelo the cash infusion to stay in the picture, both in the Garmin Cervelo team status and in product development.
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I'm confused....is cervelo going out of business or something?
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Originally Posted by bianchi10
(Post 13636288)
I'm confused....is cervelo going out of business or something?
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Originally Posted by roadwarrior
(Post 13635638)
So how many threads on this same subject does this make???
All someone has to do is mention a forum member whose name starts with a P and we'll have a double hat trick. |
Cervelo will soon be selling hybrids and kid bikes like Trek.
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What is Pcad going to do?
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coming to a walmart near you
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Can't wait for them to make a Cervelo beach cruiser.
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Originally Posted by roadiejorge
(Post 13636968)
Can't wait for them to make a Cervelo beach cruiser.
http://media.thehubsa.co.za/uploads/...lo_Mountai.jpg |
hmmmmm, in a few years my S1 may be considered collectable as an example of "Pre-PON" Cervelo?
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I really don't like the sound of this at he surface. I hope they come out with some press releases soon. I may hold off on upgrading my SLC-SL to a S5 VWD till I get more comfortable.
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Originally Posted by ColorChange
(Post 13637222)
I really don't like the sound of this at he surface. I hope they come out with some press releases soon. I may hold off on upgrading my SLC-SL to a S5 VWD till I get more comfortable.
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^ from speaking with a few friends about their cracked frames.....yeah.
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Originally Posted by VA_Esquire
(Post 13637370)
^ from speaking with a few friends about their cracked frames.....yeah.
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Mostly R3 BB's.
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RS as well. Derailleur hanger snapped on a replacement frame after 2 months.
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no offense but if you snap a derailleur hanger isn't that more of a question of the hanger / what you might have bumped the bike into, then the frame itself?
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Don't get what the big deal is right now...Cannondale seems to be doing ok...
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how is it a bad thing? Stuff already made in China I'm guessing. More $ more Support = better bikes?
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Originally Posted by roadiejorge
(Post 13636968)
Can't wait for them to make a Cervelo beach cruiser.
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Originally Posted by Jed19
(Post 13637651)
And an adult tricycle. Gotta cover all demographics you know. The retirees in Miami Beach gotta have their "cervelo tricycles".
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