Powabyke employees perform MBO

[shemozzle999]

Good news for no frills Powabyke owners of older bikes?

Former Powabyke employees perform MBO | Bicycle Business | BikeBiz

 

[flecc]

Best news possible for that long troubled company, at last people who do know the business taking over. It won't be easy, but I wish them well, especially Frank Curran who has been a very good friend of this forum and the finest possible ambassador for Powabyke.

 

[shemozzle999]

Best news possible for that long troubled company, at last people who do know the business taking over. It won't be easy, but I wish them well, especially Frank Curran who has been a very good friend of this forum and the finest possible ambassador for Powabyke.

I liked the inclusion of the "spares" comment, good to look after your existing customer/potential new buyer base, whereas Brompton seem to be going the other way by making spares for older bikes obsolete - worrying future for existing owners as I think this will remove the confidence factor in future purchasing decisions.

 

[hoppy]

Excellent news indeed! Best wishes and every success to Frank and Keith.Look forward to new models on the way.