Pinarello nears sale to billionaire Ivan Glasenberg, according to reports
June 9, 2023
Italian bike brand Pinarello could be sold to billionaire Ivan Glasenberg, according to reports.
The South African was previously the CEO at Glencore, one of the world’s largest commodity trading and mining companies before retiring in 2021. Although he still retains a 10% share in the business. BikeBiz