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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.