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WELS, Austria - In a remarkable move, Pierer Mobility AG has decided to focus on its core business of Powered-Two-Wheelers and to concentrate on its premium brands KTM, GasGas and Husqvarna as well as MV Agusta. As a consequence, the non-e-bike segment, including Felt is disinvested.
Pierer Mobility has announced that it will sell the Felt bicycle brand as it looks to focus even more strongly on the core powered two-wheelers business - BikeBiz
WELS, Austria (BRAIN) — Pierer Mobility AG said it has agreements to sell Felt Bicycle, which it acquired in 2021, to a consortium led by a current manager.
Pierer New Mobility may be a new name in the bicycle industry but it is backed by a company that knows how to create success. Daniel Blackham visits the - BikeBiz
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