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Profile Design to purchase Titec
Following the purchase of Sugoi by Cannondale and Pearl Izumi by Nautilus comes word that Profile Design is set to purchase Titec.
The purchase of Titec by Profile Design makes sense for Profile — the company gains a solid brand of mountain biking components to complement its road lineup. Plus, it moves the marketing of the Titec brand into Profile’s basket.
Source: Bicycle Retailer