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A chapter ends

A chapter ends

Ernesto Colnago has reportedly sold a majority share of his historic bike brand to an Abu Dhabi investment fund.

Chimera Investments LLC has acquired a majority of the shares in the 1954 founded mainstay of Italian bike design, according to Tutto Bici Web.

Ernesto Colnago declared: «Chimera Investments will give Colnago the ability to grow and increase its presence in all markets, whilst maintaining and improving the quality of Colnago products. We have a unique opportunity with the support of Chimera to ensure that we continue to build the world’s best bikes well into the future».

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