* 2022 UCI BMX Racing Supercross World Cups:
01-02. | 03-04. | 05-06. | 07-08. | UCI-BMX-Worlds.
USA BMX Grand Nationals Tulsa, Oklahoma USA.
(~~~ News From In The Pacific Northwest = January 2022 ~~~)
* Wenatchee City Council Approves Lincoln Park Construction Contract.
Wenatchee, Washington USA -- 01/24/2022
The Wenatchee City Council recently gave their approval to enter into an almost $2.6 million contract with KRCI
Construction for the remaining elements of the Lincoln Park remodeling project. David Erickson with the City of
Wenatchee said the final phase of the project will include in part a bmx pump track, at least two group shelters, a
new stage, a more open play area, and a splash pad. Construction expected in spring and end around Halloween.
* Kona Bicycles Sold To Ohio Outdoor Group.
Seattle, Washington USA ( BRAIN ) -- 01/19/2022
Kona Bicycles has been acquired by Kent Outdoors, a Ohio-based company that was known until Wednesday
as Kent Water Sports. Kent Outdoors owns several outdoor sports and watersport brands, including the Arbor
snowboard brand. Kent Outdoors is no relation to Kent International, the New Jersey-based mass market brand.
~~~ Pon Holdings Agrees To Buy Dorel Sports For $810 Million ~~~|
10/11/2021:- * Dorel Industries has agreed to sell * Dorel Sports to * Pon Holdings for $810 million in cash.
Dorel Sports is the parent group of Cannondale, Schwinn, GT and Mongoose. Pon Holdings is the parent
of many bike brands, including Cervelo, Santa Cruz, and Gazelle. Pon, a privately held Dutch group with
businesses in several sectors, recently acquired the Mikes Bikes retail chain in California. By combining
Pon.Bike and Dorel Sports, a leading bicycle company in the world will be created, with a combined revenue
of around 2.5 billion euro ($2.9 billion), Pon said in a news release on Monday, October 11th, 2021. ( Pon Bikes )
10/11/2021:- * Pon Holdings To Acquire Dorel Sports, Creating A World-Leading Bike Company. - Pon Holdings.
Pon Holdings Has Acquired US-based Bike Company Dorel Sports. ( * Press Release.PDF )
10/11/2021:- * Dorel Signs Definitive Agreement To Sell Sports Segment To Pon Holdings For USD $810 Million. - Dorel.
10/11/2021:- * Dorel Signs Agreement To Sell Sports Segment To Pon Holdings for USD $810 Million. - GlobeNewswire.
10/11/2021:- * Pon Agrees To Buy Dorel Sports For $810 Million. - BRAIN - Bicycle Retailer and Industry News.
01/04/2022:- * Dorel Completes Sale Of Dorel Sports To Pon Holdings. - BRAIN.
Dorel Industries has completed its sale of Dorel Sports — which includes Cannondale, Schwinn,
GT, Mongoose and other bike brands to Pon Holdings, for $810 million. The planned acquisition
was announced in October. We are very pleased to have completed the sale of Dorel Sports to a
great company like Pon. said Martin Schwartz, Dorel Industries President and CEO.
01/04/2022:- * Dorel Completes Sale Of Sports Segment To Pon Holdings For US $810 Million. - Dorel.
01/04/2022:- * Dorel Completes Sale Of Sports Segment To Pon Holdings For US $810 Million. - GlobeNewswire.