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KTM offloads bicycle arm to minority shareholders

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Sale of FELT Bicycles to minority shareholders The PIERER Mobility Group, which will soon be renamed to Bajaj Mobility AG, is ending its operational involvement in the bicycle sector with the sale of Felt Bicycles. The new owners, Florian Burguet and Cesar Rojo, have been managing directors and minority shareholders of FELT since 2023 and […]

The post KTM offloads bicycle arm to minority shareholders appeared first on MCNews.

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