René Wiertz steps down as 3T CEO
BERGAMO, Italy (BRAIN) — René Wiertz, who has been with 3T for 16 years and helped transition it from parts supplier to a gravel bike brand with production in Italy, is stepping down.
Stay updated with breaking news from Luca Mongodi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
BERGAMO, Italy (BRAIN) — René Wiertz, who has been with 3T for 16 years and helped transition it from parts supplier to a gravel bike brand with production in Italy, is stepping down.
Game changer: Key dealers can now reserve 5,000 production slots for 20243T, the Italian premium gravel and road bike brand is introducing a totally unique concept for dealers to order bikes for 2024. Dealers do not need to pre-order bikes in advance any longer, but can reserve production capacity and make last minute decisions on model, size, color and spec.
What's going on in the cycling industry this month?
VERONA, Italy (BRAIN) — An Italian investment group, UTurn Investments, has made an investment in component and bike brand 3T. René Wiertz and Gérard Vroomen will remain shareholders and managers.The company said it has sales of 20 million euros ($21.2 million) per year and an EBITA of 5 million.