The best known bicycle rack maker, Yakima, has merged their operations with a privately held company out of Taiwan called Kemflo. They have been supplying Yakima with parts over the past nine year, with the merger deal being in the works for the past nine months. Yakima was previously owned by the private venture Arcapita, but will become a subsidiary of Kemflo and will operate independently.
So who is Kemflo? Well they’re a manufacturer of consumer goods from electronics products to water filtration devices based out of Taiwan. This new merger should not effect the retail operations of Yakima or their management staff and manufacturing operations around the world.
[Source: Bicycle Retailer]
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May 30th, 2011 at 9:47 am
Yeah well, maybe not in this economy, at least for a little while
June 21st, 2011 at 1:19 am
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