Boardman bikes sold to Halfords??

vinnymarsden
vinnymarsden Posts: 560
edited July 2014 in Road general
Is it true??

My mate told me yesterday…if it is, then Chapeau to Chris, a good bit of business, will allow him to do whatever he likes now, and regardless of Halfords reputation, they WONT want it to bust having laid out so much will they..

Comments

  • Miles253
    Miles253 Posts: 535
    Yup its true, apparently in order to help develop Boardman going forward. Chris is still head of design
    Canyon Roadlite AL-Shamal Wheels-Centaur/Veloce Group
    Canyon Ult CF SL- Spin Koppenberg-Ultegra group
  • cougie
    cougie Posts: 22,512
    I think his involvement in the brand is more than ever before. And the investment lets him do things for the bikes that they didnt have the money for before.
  • deimosjohnny
    deimosjohnny Posts: 135
    £10m for the three main people behind the company.
  • Nothing like current, up to date news, is there.
  • MountainMonster
    MountainMonster Posts: 7,423
    Only 10m for them, that is rather disappointing given the scope of work for them, and the fact that Halfords sells their bikes. Vastly undervalued IMO at first glance, although I haven't seen the balance sheets to check.
  • Bar Shaker
    Bar Shaker Posts: 2,313
    Probably best to read the balance sheet before making such statements.
    Boardman Elite SLR 9.2S
    Boardman FS Pro