Brooks bought

As expected, the world-famous saddle maker has found a buyer
Author:
Publish date:

Four offers were on the table and Brooks - with 25 staff - went to the highest bidder, believed to be for £350 000.

It was not possible to find out whether the successful bidder is from the bike trade or is UK based.

Brooks had a 1999 turnover of £1m, with profits of £240 000. As a 'going concern' it's strange it went for such a low amount.

Featured Jobs

Iride

Customer Services Support

i-ride.co.uk I Burgess Hill, Sussex I Competitive Salary Plus Commission I Date Published Tuesday 20th November 2018

BE2016_googlelogo

Senior Sales Executive

BikeExchange I UK Nationwide I Salary TBC Depending on level of experience I Date published Tuesday 11th December 2018