Vienna/Wels – KTM parent Pierer Mobility AG, which is currently being renamed Bajaj Mobility AG after its bankruptcy, is ending its operational involvement in the bicycle sector with the sale of Felt Bicycles. The new owners Florian Burguet and Cesar Rojo have been managing directors and minority shareholders of FELT since 2023 and will continue to run the two companies in Spain and North America, including the brand, independently, Pierer Mobility announced on Thursday evening.
