Mavic, the French-based producer of bike components, is again up for sale, according to sportguide.com. Candidates to the takeover have been given until June 2 to express their interest in the company, which was divested by Amer Sports in mid-2019. Mavic was placed in receivership at a French court in Annecy on May 2 after a net loss of €12.8 million in 2019 on sales of €70 million, compared with a loss of €9.1 million on sales of €88 million in 2018. The company has reportedly suffered lower OEM orders for its wheel rims. They are made at four factories in France, Bulgaria and Romania, only one of which belongs to it. The issue is complicated by the fact that the current owner of Mavic turns out to be a company called M-Sports, registered in Delaware. At the time of its sale, which occurred shortly after Amer was acquired by a consortium led by Anta Sports Products of China, Mavic’s employees were told that the new owner was Regent LP, the investment company that also bought Accell North America in August. Gary Bryant, the former executive of Arc’teryx who was placed at the head of Mavic in September 2017 is no longer running it.

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