ENVE purchased by Mavic’s parent company

Amer Sports acquires Enve for 50 million dollars

ENVE has been purchased by Amer Sports, the parent company of Mavic.

According to a press release issued by the Amer Sports Corporation, the high-end carbon wheel and component company was acquired for 50 million USD in an all-cash transaction.

ENVE, formerly known as Edge Composites, was founded in 2005. The company has gained a following for developing high-end carbon road and mountain wheels, seatposts, stems and handlebars. The company manufactures all of its wheels at its headquarters in Ogden, Utah. 

According to Jake Pantone, ENVE’s director of marketing, it will be business as usual for ENVE. The company will remain in Ogden and the planned move into a new operations and manufacturing facility will go forward as planned this fall.

“ENVE and Mavic will integrate from a distribution and customer service standpoint where it makes sense, but those plans have yet to be solidified,” Pantone said.

In addition to these two wheel companies, Amer Sports also owns Salomon, Wilson, Atomic, Arc’teryx, Mavic, Suunto, Precor, DeMarini and Louisville Slugger.

Josh has been riding and racing mountain bikes since 1998. Being stubborn, endurance racing was a natural fit. Josh bankrolled his two-wheeled addiction by wrenching at various bike shops across the US for 10 years and even tried his hand at frame building. These days Josh spends most of his time riding the trails around his home in Fort Collins, Colorado.
  • Discipline: Mountain, cyclocross, road
  • Preferred Terrain: Anywhere with rock- and root-infested technical singletrack. He also enjoys unnecessarily long gravel races.
  • Current Bikes: Trek Remedy 29 9.9, Yeti ASRc, Specialized CruX, Spot singlespeed, Trek District 9
  • Dream Bike: Evil The Following, a custom Moots 27.5+ for bikepacking adventures
  • Beer of Choice: PBR
  • Location: Fort Collins, CO, USA

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