All under one roof: Pon Holdings buys Dorel Sport

Not the companies we care here about, but news nonetheless: Dorel Industries Inc. today announced that it has entered into a agreement to sell Dorel Sports, its bicycle segment, to Pon Holdings B.V., a Dutch mobility group, for US $810 million in cash.
Dorel Sports owns Cannnondale, GT, Caloi, Schwinn, Mongoose, and others, whereas Pon Holdings owns Cervélo, Focus, Santa Cruz, Gazelle, Kalkhoff and Urban Arrow.
Pon Holdings, a Dutch company, will lilkely be one of the biggest, if not the biggest bicycle company after the transaction. The bikes made under those brands also include e-bikes, which is for Pon Holdings already more than 2/3 of their turn-over.
Find the press release here from Dorel’s website.