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Avanti bike founders cut remaining ties with the business, selling to Scott Sports

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Apr 24 - The Struthers family, which founded the Avanti bicycle brand and built Sheppard Industries into the largest cycling company in Australasia, has cut its final ties to the business, selling its remaining shareholding to a Switzerland-based company, Scott Sports.  The family sold most of its shareholding in the business to Scott Sports in 2015, and exited its remaining holding in December for an undisclosed sum. Kim Struthers, the son of founder John Struthers, stepped down as New Zealand country manager last month and the Struthers family no longer has any connection with the business.

Continue to the full release  ||  April 24, 2018   |||

 

 

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Published in SPORT
Tagged under
  • sport
  • Manufacturing
  • news talk

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Palace of the Alhambra Spain

Palace of the Alhambra, Spain

By: Charles Nathaniel Worsley (1862-1923)

From the collection of Sir Heaton Rhodes

Oil on canvas - 118cm x 162cm

Valued $12,000 - $18,000

Offers invited over $9,000

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

 

Mount Egmont with Lake

Mount Egmont with Lake 

By: John Philemon Backhouse (1845-1908)

Oil on Sea Shell - 13cm x 14cm

Valued $2,000-$3,000

Offers invited over $1,500

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

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