Paligap announces wind down of the business
David Lane, Managing Director, Paligap Ltd, has announced the imminent wind down of the business. The Yate, Bristol based business, made the following announcement:
“Since 2001 we have been proud to distribute some of the leading brands within the bicycle industry. From the early days with Kona, Saris CycleOps & PowerTap, Stan’s No Tubes then into the next chapter with another world-renowned bicycle brand Marin alongside premium clothing brand ALÉ, Cipollini frames. There have been many other brands during the last 21 years. Which we have worked with and too many to list. Throughout this time, we have had the pleasure of working with many great people whether this has been customers, suppliers or most importantly the employees.”
“The company will wind down its position within the industry with some of the brands moving to new distributors, however the company will continue trading until new partners are found.”
“Managing Director David Lane says he’s had an amazing ride over the last 20 plus years and leaves the business with fantastic memories of working in an industry that has been his life & passion for the last 35 years.”
The business had recently moved into new premises, whilst looking to expand its workforce, leaving a number of questions surrounding the latest announcement.
