RaceFace倒閉了 - 單車

http://nsmb.com/4240-race-face-official-press-release/


Race Face – The End of An Era

Effective March 12 2011, an end of an era occurred as Race Face
Components Inc. went into receivership. Effectively this means that
Race Face’s bank, The Bank of Nova Scotia, has taken control of the
company, appointed a receiver, and will sell the company and its
assets. The receiver, Grant Thornton, will determine a sales process
for the company in the days to come. The reasons for the receivership
are complex but basically the company recently got offside on its
borrowing base with the bank. The partners in the company tried to
structure a deal with the bank to get the company back on side but
unfortunately, a deal could not reached. In this event, it was hoped
that the company could be sold as a ‘going concern’ but this
solution also did not materialize.


Craig Pollack, Race Face’s former President and CEO, comments, “it
is a sad sad outcome for the brand, but more importantly for the
people involved with the company. I personally thank all of our
staff, riders, suppliers, customers, and consumers for their support
over the years. Our talented staff truly were the backbone of this
brand. I have been humbled by their loyalty and determination
throughout this process and wish them well moving forward.



Pollack adds, “Race Face, started in 1992, is an iconic brand and has
been instrumental in creating the fiber of the mountain bike
industry. We are proud of our accomplishments over the last 19 years.
Hi-lights include: helping to create the free ride mountain biking
movement with our line of Diabolus components, being one of the first
component suppliers to design parts for the All Mountain market, and
currently producing the Next line of carbon fiber cranks – the
lightest production crank-sets ever produced. The company will
undoubtedly be sold to a new buyer, and the brand, as we know it
today, will forever be changed but we are proud of the Race Face
legacy and the impact it made on the mountain biking industry and
community.”

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