The Italian brand 3T, announced today, its acquisition of the German carbon fiber component specialist THM.
Known for their uber exclusive carbon forks, cranksets, caliper brakes and other cockpit pieces, THM’s founder, Thomas Mertin, says his company stands to benefit from the acquisition based on the ability to share manufacturing and technology resources, as well as global distribution.
“This is a great opportunity for THM. The agreement with 3T gives us a global distribution network to expand our brand. THM has a clear roadmap to deliver top-notch products, manufactured in Germany. With 3T’ backing and commercial strength, we will be able to focus even more on the technical side and leave sales and distribution to the experts at 3T.”
Rene Wiertz, CEO and co-owner of 3T, said: “I am very happy we came to an agreement. I have great admiration for what Thomas and Petra have achieved with THM, and I say that also as a very satisfied customer of their products”. “With THM making the lightest possible components and 3T focusing on aerodynamics, it’s a perfect fit. Together we can create a company with a global reach and unrivaled technical capability. Our products are complementary: THM makes the world’s best and lightest cranks and brakes, 3T makes most of the other parts of the bike”.
Cervélo co-founder Gerard Vroomen, who last year teamed up with Wiertz to purchase 3T, had this to say:
“I’ve known Thomas for a long time and always admired not only his products but also his whole outlook on technology, business, and the bike industry. I look forward to work closely with him, René and the people at both companies to create an exciting future.”
Over the years, THM components have become central to such coveted bike brands as Storck, AX-Lightness and other limited production frame makers.
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