Posts Tagged ‘Stages Cycling Inc.’
Giant Jumps into Indoor Market with Stages Purchase
Portland, Oregon Giant Group has escalated its presence in the indoor cycling market by investing heavily in one of the leaders in the sector in North America, Stages Cycling Inc. Taiwan-based Giant announced a US$20 million (A$29 million) investment in Stages, including buying 32.5% of the company’s ordinary shares. A statement from Giant says the…