UK component manufacturer Middleburn has been bought out by Staffordshire based BETD Cycle Components. The acquisition, which promises to continue to supply all of the company's sought after components, follows Middleburn's move to voluntary liquidation last month.
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Middleburn's British-made range of chainrings, cranksets and other components are a favourite among custom builders where its reputation for superb quality and durability is appreciated most. BETD Cycle Components, which itself is another well respected part of British cycle manufacturing, is part of Midlands engineering firm KMF Group that employs more than 450 staff between its factories in Newcastle-under-Lyme and Slovakia.
BETD Managing Director Kate Lewis commented: "We are delighted to be able to keep the Middleburn brand alive. We shall manufacture and continue the supply of many of their iconic products and will also be able to increase their availability through our existing online store and growing trade accounts."
Meanwhile, KMF Group's managing director Gareth Higgins added: "I would like to assure all former customers of Middleburn Cycle Components that we will continue to supply their sought after components, manufactured to the same exacting standards that customers expect. We also now have the exciting opportunity to add new products to the portfolio backed up by our first class customer service."