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Cannondale Announces Closure of Connecticut Offices as Pon.Bike Consolidates North American and Global Operations
Earlier today, we learned the unfortunate news that Cannondale is closing its Wilton, Connecticut offices as its parent company Pon.Bike consolidates operations. According to a report by Bicycle Retailer and Industry News (BRAIN), Cannondale filed a notice with the Connecticut Department of Labor today, Wednesday, notifying them of the upcoming closure. Cannondales Connecticut operations are scheduled to wind down by mid-2027, with the closure and layoffs being permanent and impacting up to 143 employees.The BRAIN report also included information from a letter to the Connecticut Department of Labor signed by Maggie Lansdale, Global VP of People for Sports Group, Cannondales business unit within Pon. It read: The entire office will be closed and almost all employees there will be impacted. The first separations are expected to occur on December 21, 2026, and separations are expected to continue in phases through December 31, 2027. The closure and separations will be permanent.Cannondales Team Dream CAAD14ConsolidationWith the closure of Cannondales Wilton, Connecticut office, Pon.Bike is aiming to consolidate and streamline both its North American and global operations. According to the media statement (see below), Cannondales current European headquarters in Woudenberg, Netherlands, will become its new global headquarters. Cannondales Engineering and R+D will remain based in Freiburg, Germany.In North America, Cannondale will be getting a new home on the West Coast, bringing operations closer to a couple of Pon.Bikes other brands, Santa Cruz and Cervlo. According to the media statement, this move is intended to strengthen North American operations and retailer support. They state they will also be adopting a new sales model with outside sales representatives covering multiple Pon.Bike brands to make it easier for retailers to work with Cannondale and other brands in the Pon portfolio.End of an EraCannondales founder, Joe Montgomery.This closure also marks the end of Cannondales 55 years calling the state of Connecticut home, a damn good run by any measure. Cannondale was founded by Joe Montgomery in Wilton, CT, in 1971, where it was named after a local train station, and its first product was a bicycle trailer. After many years of growth and some of cyclings most interesting bikes and innovations, Cannondale ultimately became part of Dorel Sports, which was later acquired for $810 million by Pon.Bike in 2021, creating a leading bicycle company in the world.But as weve seen in the past few years, the cycling industry has been going through its fair share of financial struggles. Bike brands and their parent companies have been tightening belts and consolidating in the face of ongoing economic uncertainty. This includes Cannondale, which recently announced that Cannondale Factory Racing (CFR) would not be returning to World Cup racing in 2027. That announcement already made it feel like the end of an era for Cannondale, and todays announcement reinforces that notion.CFR team member Jolanda Neff racing in 2026. (photo / Cory Benson)More than anything, though, we feel for the 143 employees who are now facing an uncertain future in the face of layoffs and the imminent closure of the brands Connecticut offices. We wish nothing but the best to all of the Cannondale employees affected by this decision.Cannondale North America Media Statement:Cannondale Announces Next Chapter of North American Operations and Retailer SupportCannondale today announced plans to strengthen its North American operations and retailersupport. The changes include a new home for its North American activities on the West Coastand offering its retailers easier access to other Pon.Bike brands, including Santa Cruz andCervlo, through a single point of contact.Over the next six months, Cannondale will adopt a new sales model in North America, with outside sales representatives covering multiple Pon.Bike brands. This builds on two years of closer commercial collaboration between the brands to offer retailers greater choice. For retailers carrying more than one brand, this means a single point of contact and simpler ordering and support services. The aim is to make it easier for retailers to work with Cannondale and access more of the Pon.Bike portfolio. Each brand will retain its own identity, models and relationship with riders.As part of this next step, Cannondale is creating a new home for its North American business on the West Coast, a region known for its cycling culture. A dedicated commercial, retailer and rider support team will be based there, providing Cannondale expertise and services to retailers and riders across North America.Alongside these changes, Cannondale is bringing its global teams closer together.Woudenberg (the Netherlands), currently Cannondales European headquarters, willbecome its global headquarters. R&D and Engineering functions, long based in Freiburg(Germany), will continue to engineer and develop the best bikes, building onCannondale expertise already there.As part of this transition, operations at the Wilton (Connecticut, USA) office will wind down by mid-2027. For more than five decades, Connecticut has been instrumental in shaping Cannondale into one of cyclings most influential brands. Cannondale is deeply grateful to the team members whose passion, creativity, and commitment built this incredible foundation. The innovative spirit they fostered remains a core part of Cannondales DNA as the brand proudly carries its legacy into this next chapter of growth and rider-focused innovation.
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