Australian News Briefs: Factor Bikes Eyes Australian Expansion

Bicycle product display

Factor Bikes Eyes Australian Expansion Factor Bikes is a very high end carbon bike manufacturer owned by American Rob Gitelis and based in Taiwan. Well known for sponsoring world tour teams including currently Israel-Premier Tech, Factor launched in Australia some years ago, but is now looking to expand their profile and distribution here. With this…

Australia’s Richest Partner Invests in Bike Industry

Factor Bikes website home page

Think of Australia’s richest people and Gina Rinehart, Andrew ‘Twiggy’ Forest and Clive Palmer might come to mind. They are certainly in the mix at numbers one, two and seven on the Australian Financial Review’s 2021 Rich List, with Gina topping the bill at $31 billion. But two relatively young business partners actually combine for…