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UK cycling distributor plunges into administration- in business since 2004

اقتصاد
ديلي إكسبرس
2026/05/31 - 21:17 502 مشاهدة
تحليل ذكي | AI Editorial Analysis
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UK cycling distributor plunges into administration- in business since 200442 people have lost their jobs. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Astha Saxena, News Reporter 22:17, Sun, May 31, 2026 Updated: 22:18, Sun, May 31, 2026 UK cycling distributor goes into administration (Image: Getty)A major cycling distribution business has reportedly plunged into administration. Saddleback is a leading UK‑based distributor of premium cycling equipment, supplying high‑end brands such as Castelli, Wahoo, ENVE and Stages to retailers and riders. The company has built a strong reputation in the UK cycling scene for offering top‑tier performance gear and maintaining close relationships across the industry. window.scriptsToLoad.push({url:'https://live.primis.tech/live/liveView.php?s=118222&vp_content=plembed3a6btjknzwqh&cbuster=%%CACHEBUSTER%%&playerApiId=v118222',triggeredBy:'tcfLoaded',delay:1500,containerId:'ovp-primis',title:"Primis player",beforeLoad:()=>{window.top.addEventListener('primisPlayerInit',e=>{try{if(e.detail&&e.detail.playerApiId==="v118222"){if(window.document.getElementsByClassName('jwplayer')[0]){e.detail.float('disable')}}}catch(e){}})},}) The company launched its business in 2004. Cycling Weekly’s sister publication Cyclingnews spoke to two sources inside Saddleback who said staff were informed on Friday that the firm was closing and all staff had therefore been made redundant. Around 42 people have lost their jobs as a result of the decision, The Times reported. Article continues below ADVERTISEMENT Get personal finance news, money saving tips and advice plus selcted offers and competitions Subscribe Invalid emailWe use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy...
المصدر: ديلي إكسبرس | Source: ديلي إكسبرس

ملاحظة تحريرية | Editorial Note: نُشر هذا المقال في الأصل بواسطة ديلي إكسبرس. خبر (Khabr) هي منصة إعلامية أردنية مرخّصة تعمل بالذكاء الاصطناعي. نضيف قيمة تحريرية من خلال: تحليل ذكي للأخبار، ملخصات تلقائية، رواية صوتية بالذكاء الاصطناعي، ترجمة متعددة اللغات، وتدقيق الحقائق. هدفنا جعل الأخبار أكثر وضوحاً وسهولةً للقارئ العربي.

This article was originally published by ديلي إكسبرس. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.

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المزيد عن اقتصاد | More on Economy

هذا الخبر ضمن تغطية خبر لقسم اقتصاد. نقدّم لك تحليلات ذكية وملخصات يومية لأهم الأخبار من مصادر موثوقة متعددة. المصدر: ديلي إكسبرس. يوجد 6 مقالات مرتبطة بهذا الموضوع.

This article is part of Khabr's coverage of Economy. We provide AI-powered analysis, summaries, and multi-source aggregation to keep you informed. Source: ديلي إكسبرس. Tags: business, administration, cycling.

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