Rutland Cycling has taken on four Cambridge bike shops, more than doubling the number of its stores in a year, in a move it says comes at an exciting time for the city and the business.
Thanks to growth capital investment, the Midlands-based independent shop has bought Station Cycles’ three Cambridge shops, as well the Giant Store on Hills Road, after opening a “superstore” in Peterborough earlier in the year, bringing the company’s total retail outlets to nine.
Rutland Cycling started life in 1981 and has invested heavily in its online business in the last year as well as its real-world outlets, stocking Giant, Specialized, Cannondale, Brompton and Frog.
Ribble Cycles bought by True Capital investment firm
David Middlemiss, Managing Director of Rutland Cycling said: “We are delighted to be entering the Cambridge market at such an exciting time for cycling in the city. The team at Station have built a fantastic business and we are privileged to be taking on such a strong and dedicated team. Following a successful rebrand online and instore, and the launch of our new Peterborough superstore, this expansion comes at the right time for us as we grow our family business and build for the long-term”.
Station Cycles, with branches on the Grand Arcade, Histon and Barnwell Road, was started by local entrepreneur, Charlie Warboys, from a shop in the train station, which then closed in 2014 as part of station redevelopment. It also operates a bike hire scheme, that Rutland Cycling will adopt.
The team agreement, definitely: if they've contracted to have all team members wear Scicon and then signed someone giving them permission to wear a...
It's certainly a very weird and stupid comment, one presumes this is some sort of attempt at humour on your part? Or are you just trolling to be...
The boats I've been on, mostly shorter trips from germany or denmark to norway or sweden do allow bikes. While this isn't a full cruise, you can...
That'll teach you to tuck it in first, very impressed by it's strength though.
that'll teach 'em..
Something to be aware of. The actual price you will pay at this auction is 50% higher than the bid price due to Auction fees and VAT not being...
Always a good idea. Also good citizenship to check provenance when buying. And - as a more selfish motivation - covering your own backside. ...
'13 Years of Tory neglect'. Really? So labour administrations have prioritised the maintenance of our minor road networks have they? Presumably...
Of course it's for safety. Don't want those extremely dangerous council-issued trailers anywhere near the public....
Are the spokes still round as they were on the previous generation?...