Cervélo on brink of sale to Dutch holding company Pon
Canadian frame makers Cervélo have entered into what they described as “a financing arrangement” with Pon Holdings BV a Dutch conglomerate but family-run on their own website on December 23rd.Both parties have signed a Letter of Intent which will bind both into an eventual sale once the lawyers have done their usual Due Diligence checks.Cervélo … Read more