Selle Royal S.p.A. has signed a deal to purchase a majority interest in Justek, the largest bicycle saddle manufacturer in China.
The new joint venture greatly increases Selle Royal’s ability to serve the massive Asian bicycle market.
With the acquisition of Justek, Selle Royal now has five saddle manufacturing plants around the world. They include: Italy and the United Kingdowm to supply Europe, Brazil to service the South America, and now two Justek factories in China, in Shanghai and in Tienjin, to supply the Far East, including Asian bicycle assembly factories.
The company said the deal with have no impact on existing production sites or personnel.
