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Swallow Tandems has held two closing down sales to raise cash but will the creditors see any of it?

Chris Turner says he has bought MMB. He came out of a bankers/financiers meeting on 7th January and said it was a done deal. Hes says he's also taken an option on Cabals ProCycling although Cabal deny this (Cabal also say it's not yet a done deal)

There is such a thing as a FREE lunch. Exhibitors at the Cycle and Leisure Show can send BikeBiz text and pix and we¹ll publish them in our special Show Preview issue. For free.

If you're one of the 4489 bike industry names who get emailed with the Coffrin Report from America you'll know how good it is. In amongst all the US news ­ that's interesting but not directly relevant to UK readers ­ there was a cracking idea contained in this month's Report...

Chris Turner has bought MMB. He came out of a bankers/financiers meeting 20 minutes ago and said it was a done deal. Hes says he's also taken an option on Cabals ProCycling although Cabal deny this (Cabal also say it's not yet a done deal)