Rossignol Group

CHICAGO, Illinois: French manufacturer TIME Sport International, has sold its bicycles and cycling equipment businesses in two separate transactions. 

US bicycle derailleurs market leader SRAM has announced the acquisition of the entire range of road and mountain pedals, cleats, and all related patents of TIME Sport from its parent company Rossignol Group. 

The companies completed the transaction, financial details of which were not disclosed, on February 18.