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3T sells THM Carbones to Schmolke Carbon

Published January 17, 2020

BREMBATE, Italy (BRAIN) — Nearly four years after acquiring it, 3T Cycling is selling the THM Carbones component brand to Schmolke Carbon, another German carbon component maker.

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The combined companies will continue to supply German-made carbon bicycle components under both brands.

"THM has the best knowledge in the RTM (Resin Transfer Molding) process for almost 25 years. Together with our 28-years of experience in the prepreg vacuum process we will manufacture every new product using its best suitable process," said Stefan Schmolke, founder of Schmolke Carbon. "I will only merge both development departments so that we can offer our new ideas faster to the demanding cyclist. Further I want THM to produce more MTB parts again."

Production, sales, and customer support will remain separate for each company.

Rene Wiertz, the CEO of 3TT, said, "We enjoyed working with THM on expanding the model line, improving the distribution network and streamlining production in both Germany and at our own carbon factory in Italy.

"Now is the perfect time for us to focus on the Italian factory and for THM to grow further with Stefan's support."

3T was advised by Keating International sas on the transaction. 

Topics associated with this article: Mergers & Acquisitions

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