Giant Ibérica struck a collaboration agreement with Giant France in late December and, with the turn of the new year, has begun operating through the latter subsidiary. The agreement covers marketing, sales, logistics and product development. The cycling brand is thereby consolidating its largest market worldwide. France, Spain, Portugal and Andorra together generate annual sales in excess of €100 million. Giant Ibérica's staff of more than 50 people will be moving to Giant France's headquarters in Aix-en-Provence. In France, Giant has been under the leadership of Jérôme Chagnon since 2000, enjoying considerable growth over the past few years.