Satu Helkama Shopping: Tunturi Bikes Will Return to Domestic Ownership – Manufacturing May Take Place in Hanko
10 Articles
10 Articles
Tunturi ended up being sold when its owner went bankrupt. Helkama immediately decided to buy the traditional brand.
The Tunturi bicycle brand, which was sold to the world twenty years ago, is returning to Finnish ownership.
Bicycle manufacturer Helkama Velox is acquiring the rights to Tunturi bicycles. The traditional Tunturi brand will return to Finnish ownership after a break of more than 20 years. The aim of the deal is to restart the production of Tunturi bicycles and move their design back to Finland, the company says in a press release. The article Tunturi bicycles return to Finnish ownership was first published on SSS.fi.
Helkama buys the rights to the Tunturi bicycle brand and plans to restart bicycle manufacturing.
Finnish family business Helkama Velox acquires the rights to Tunturi bicycles. The Tunturi brand was under foreign ownership for 23 years.
With the transaction, the bicycle warehouse located in Turku will be transferred to Helkama. Tunturi's design will also return to Finland.
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