A Sad day indeed :-(

[Citoyen du monde]

A sad day indeed when a management buy-out can net the management 80 million without them having created anything new or having protected anything. All the Derby creditors had to take a major haircut when the buy-out took place and now this...

 

[Midlife]

I worked in a Raleigh 5 star dealership in the 70's and have to say I am surprised that the name is still going given the way they ran their business..... anybody remember British Leyland ?

the fact that someone is willing to buy the brand smacks of BMW buying the Mini brand..

Shaun

 

[sawston_vulcan]

Raleigh stopped being a 'good' bike company a long time ago.....Gazelle were lucky to escape and still make decent stuff.

Shaun, this is typical of grasping Capital and self seeking management.....its happened before and you can bet your life it will happen again.

The glory days of the SBDU at Ilkeston and likes of Gerald O'Donovan are long gone memories.....kept alive by us.....not the corporate thieves were Raleigh in 2012!

 

[bm0p700f]

All companies rise and fall, that is the way of things. Raleigh may have been special once but that was due to the people working for the brand at the time, the customers i.e. the whole package. Times change and the brand dies if it does not adapt. Raleigh did not adpat in the way that was obviously needed.

Companies like Giant, Specialised and Trek will one day be history and bought up by some other company. Nothing last forever.

 

[Robbied196]

Lets face it, Tube Investments and Raleigh bought up nearly every independent bicycle manufacturer in Britain; and component companies like Brooks, Sturmey and Reynolds. The decimated remains eventually either being sold off or shipped abroad for production.

Personally I'm more pleased to see that what goes around, comes around.

 

[SIMONFREESE]

Certainly a brand that 'felt' British, and a patriotic loss, but I can only agree the real Raleigh has been dead for years...

 

[sawston_vulcan]

Lets face it, Tube Investments and Raleigh bought up nearly every independent bicycle manufacturer in Britain; and component companies like Brooks, Sturmey and Reynolds. The decimated remains eventually either being sold off or shipped abroad for production.

Personally I'm more pleased to see that what goes around, comes around.

Yes!...TI were an aggressive company to say the least....Gazellle were gobbled up at one point but seemed to escape.....for me Raleigh died when the Ilkeston unit closed......So Raleigh like Holdsworthy became outmoded dinosaurs......but lets face it....a Claude Butler is not really a CB neither is a Falcon a Falcon anymore......lets celebrate the memory of Raleigh, Carlton, Holdsworth and remember the craftsmen and what they achieved and the fact that their legacy remains with Roberts, Mercian and a generation of new frame builders like Robin Mather....so all is not lost.....just new names......so come on chaps cheer up!