Colnago has been sold to Chimera Investments, an investment fund registered in Abu Dhabi, which has acquired a majority share in the Italian bike company. The iconic brand was founded in 1954 by Ernesto Colnago in Cambiago, near Milan, where the company is still headquartered. While the strategic direction is now the prerogative of Chimera Investments, the staff and manufacturing are expected to remain in Cambiago under the new ownership.
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