Trek purchases Cycling Sports Group from Dorel

In an effort to retain brand existence in a flailing market, Trek Bikes of Waterloo, WI, has taken over major ownership of CSG which currently owns Cannondale and GT Bicycles. Trek aims to keep the American brands in the hands of American people making sure our country stays on top of the bicycle industry.
“This is another step in our efforts to retain America’s greatness,” quipped Trek’s John Burke. “Though most bicycles are made in Asia, knowing their design came from low paid American product managers ensures we stay on top”