
Cervélo was a two man start-up company in 1995 and now the bike company is being sold to Dutch conglomerate Pon.
Pon was started in 1895 by Dutchman Mijndert Pon and soon began importing Opel bicycles from Germany. This connection with Germany grew and it started importing Continental tyres in 1920. Today this connection exists even more as it is the main distributor for VW-Audi (Volkswagen, Audi, Porsche, Skoda, Seat) in the Netherlands and it continues to distribute Continental in the Netherlands. It also handles Caterpillar and Man trucks. As well as this it owns several bike brands including Gazelle and is completing the acquisition of Derby Cycles, better known for its Focus brand as used by the Katusha team in 2011, as well as Raleigh and Univega.
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