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Published 2 years ago

Too much inventory and debt forcing owners of Saris Cycling Group to sell the company

Summary by Ground News
Saris Cycling Group has filed an alternative to bankruptcy that consolidates its debt, keeps its 132 employees in place. Saris sells trainers for cyclists, racks, maintenance equipment and invests in bike parks around the world. The onset of COVID-19 and massive shutdowns in March 2020 meant an explosion of business for Saris.

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