Bidding starts on Mavic but price could be a problem
Posted on 21 Oct 2009
Following the September 1st announcement of the ‘divestiture of Mavic’ by its owner Amer Sports; it has become apparent during the past few weeks that the bidding process has opened for the French P&A maker.
From various sources at least one company from Europe has informed the Finnish holding company Amer Sports about its interest in taking over Mavic. A Taiwan based company is also believed to showing an interest in Mavic.
Rumours are also circulating on what Mavic might cost. It is said that a complete take-over of Mavic including all its assets would run up to about one hundred million euro. Some believe this price limits the number of potential buyers of Mavic as there are few bike companies able to raise this kind of capital.
Find member services & benefits
