On 11 October 2021 Pon Holdings, headquartered in Amsterdam, the Netherlands announced that they acquired US-based bike company Dorel Sports.
ˌɔn ɪlˈɛvən ɑːktˈoʊbɚ tˈuː θˈaʊzənd twˈɛnti wˈʌn pˈɑːn hˈoʊldɪŋz, hɛdkwˈɔːɹɾɚd ɪn ˈæmstɚdˌæm, ðə nˈɛðɜːləndz ɐnˈaʊnst ðæt ðeɪ ɐkwˈaɪɚd jˌuːˈɛsbˈeɪst bˈaɪk kˈʌmpəni dˈɔːɹəl spˈoːɹts.