Colnago sold to UAE group

May 11, 2020

Chimera Investments LLC, an investment fund based in Abu Dhabi, United Arab Emirates, has acquired a majority of the shares in Colnago, the Italian road bike brand.¬†Ernesto Colnago founded the company in 1954. His bikes have been used to win world championships, Olympic medals, the Tour de France, the Giro d’Italia, Paris-Roubaix, and more. Read more on Bicycle Retailer & Industry News.