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Hayes acquires Sun Ringl

July 14th, 2005 by Mike

Via: BikeBiz.com

HB Performance Systems Inc. - which was Hayes Brake until an MBO less than a month ago - has acquired Sun Metal Products Inc. of Warsaw, Indiana.

Sun Ringlé is a BMX and MTB wheel-set and hub brand.

Financial details of the private sale were not disclosed.

Rhonda Kirkwood, vice president and general manager at HB Performance Systems, will manage the new acquisition now named Sun Components under the company’s Hayes Bicycle Group division. Bob Piecuch, former owner of Sun Metal Products, will continue to operate the business and report to Kirkwood.

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