×

Cannondale to Close Dutch Factory in 2027

June 14, 2026

Pon.Bike, the bike division of Pon Holdings, will close its Cannondale European assembly factory in Almelo, the Netherlands, and the relocation of production to existing facilities in Germany and Lithuania.  

The closure will affect 120 employees and is slated to occur at the end of 2027. 

Pon.Bike said of the transition process, “During this period, production activities will be transferred step by step to the other European locations. The delivery of Cannondale bicycles to dealers and consumers will therefore continue uninterrupted, and new models will go into production as planned.” 

The Almelo production facility became part of Pon.Bike through the 2021 acquisition of Dorel Sports, which added Cannondale, Schwinn, Mongoose, and GT to its portfolio. Pon’s bike brands also include Cervelo, Santa Cruz, Gazelle, Focus, and Urban Arrow. Pon also owns the Mike’s Bikes retail chain in the U.S. and the Lease A Bike bike rental business.  

Pon.Bike said, “The move follows an extensive analysis of the production network and aligns with the further implementation of Pon.Bike’s international multi-brand strategy.”  SGB MEDIA