As the bike industry quakes from the pandemic bike boom bubble bursting, ENVE just announced its selling from Amer Sports to investment company, PV3. Read the press release below.

“Today, ENVE enters a new chapter. Utah-based family investment company PV3 is acquiring ENVE from Amer Sports in a deal that will preserve and support the brand in its continued growth. Mark Hancock, Principal at PV3, is an avid cyclist and ENVE customer who has had interest in acquiring ENVE for a number of years. The brand strength and strategic direction of the company played into the desire to purchase ENVE.”

“Since 2007, ENVE has been producing premium parts in Ogden and PV3 is dedicated to maintaining our heritage as a Utah-based manufacturer and leader in composites technology. This is made possible by our 80,000 square foot facility that houses engineering, R&D, manufacturing, sales, marketing, customer service, and finance functions. What happens tomorrow? The same thing we did yesterday – continue making world-class cycling products.”

See more at ENVE.