New owners save Mavic, refocus company on rims, hubs and wheels

Mavic Neutral Support Bikes
Mavic Neutral Support Bikes (Image credit: Future)

New owners have been approved for the embattled French wheel maker Mavic, with a court in Grenoble approving the takeover of the Tour de France technical partner by the Bourrelier group.

Formerly Bricorama, the Bourrelier Group specializes in DIY retail, also owning the Gamma and Karwei hardware chains in Belgium and the Netherlands. They beat out 13 other investment groups including one championed by former Tour de France winner Bernard Hinault.

Thank you for reading 5 articles in the past 30 days*

Join now for unlimited access

Enjoy your first month for just £1 / $1 / €1

*Read any 5 articles for free in each 30-day period, this automatically resets

After your trial you will be billed £4.99 $7.99 €5.99 per month, cancel anytime. Or sign up for one year for just £49 $79 €59

Join now for unlimited access

Try your first month for just £1 / $1 / €1

Cyclingnews is the world's leader in English-language coverage of professional cycling. Started in 1995 by University of Newcastle professor Bill Mitchell, the site was one of the first to provide breaking news and results over the internet in English. The site was purchased by Knapp Communications in 1999, and owner Gerard Knapp built it into the definitive voice of pro cycling. Since then, major publishing house Future PLC has owned the site and expanded it to include top features, news, results, photos and tech reporting. The site continues to be the most comprehensive and authoritative English voice in professional cycling.