Industry veteran Tony Karklins buys Guru Cycles assets

By Stephen Frothingham

CSG still owns trademark name. Karklins planning domestic carbon frame business.

LITTLE ROCK, Ark. (BRAIN) — Tony Karklins, along with a few other investment partners, has acquired the tooling, machinery and intellectual property from Montreal-based Guru Cycles and plans to set up a composite/carbon factory in the U.S.

Guru Cycles filed for bankruptcy in December and its owners auctioned off assets in February. Karklins did not buy the Guru trademark name, which is owned by Dorel’s …read more

Via:: Bicycle Retailer and Industry News