Telegraph
Bikes and car parts firm Halfords buys Boardman Bikes in deal to expand the brand. Tour de France racing cyclist Chris Boardman and his business partners have received a pay day of around £20m from Halfords for the sale of the bicycle brand he created.
Mr Boardman, who shot to fame winning a gold medal in the 1992 Olympics and stages in the Tour de France, will remain with the performance bike brand that he founded as its chairman and design director.
Halfords, the bicycle and car parts retailer, already stocks Boardman bicycles. It is acquiring Boardman Bikes Ltd and Boardman International Ltd.
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