Wheel maker Mad Fiber has shut down its Seattle factory and, according to several sources, may be headed for bankruptcy. The carbon fiber wheel maker was merged with the Divine Cycling Group earlier this year. DCG's current connection to ...
Tags: Transportation, Wheel, Auto Parts
Blue Competition Cycles' office outside of Atlanta has been closed for about two weeks and negotiations continue to sell the dormant brand, the company's former CEO told BRAIN. Blue's founders sold the company to a private equity firm ...
Tags: Transportation, bike
Divine Cycling Group is less than a year old but seems to have produced more gray hairs across the industry than a teenager. On Thursday the group announced some more major changes as it tries to get its footing after a tumultuous summer ...
Tags: Transportation, bike
Carbon wheel maker Mad Fiber is planning to set up wheel production in Taiwan to serve the OEM market. The company has laid off seven employees at its Seattle, Washington, facility, but is continuing to manufacture wheels there for ...
Tags: Transportation, bike, Carbon wheel
A co-owner of Serotta's parent company told a local newspaper that the company's planned shutdown is temporary. Earlier this week, Bill Watkins, the CEO of Serotta, and company founder Ben Serotta each told BRAIN that the company had run ...
Tags: Serotta Shutdown
Serotta and Blue Competition Cycles are joining Mad Fiber Wheels under the umbrella of the Divine Cycling Group, an investment group formed last year. DCG bought Mad Fiber, its first industry acquisition, in February. Terms of the ...
Tags: Transportation, Cycling, Divine Cycling
Divine Cycling Group, the new investment group that recently purchased Mad Fiber, has hired industry veterans Jasen Thorpe and Brett Lindstrom. DCG aims to acquire other companies in the bicycle industry. Thorpe joined DCG’s ...
A newly formed investment group has purchased carbon wheel manufacturer Mad Fiber, the first of several bike industry acquisitions it's eyeing in 2013. Divine Cycling Group was founded in January by Gary Ullman and Dan Devine, who, ...
Tags: investment group, carbon wheel manufacturer, Mad Fiber