Mavic calls in the receivers

TonyMerryfield":2odf6csc said:
I'm sure they'll get picked up, probably by Trek.

No, Trek only buys companies they can steal from and then kill... Mavic haven't really brought anything to the table recently and have already folded :)

It's a real shame though, I almost feel guilty for spending £350 on those 1300g Chinese 50mm carbon clinchers that have just been blindingly good wheels.
 
Re:

depends on the accuracy of the reporting, but if hoping to sell company/business on as it has just run out of money then its administrators, receivership is more about seizing assets to pay particular creditors, so if it is the french equivalent of receivership then don't hold out much hope, the brand may get picked up but not the underlying business
 

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