It’s always sad to hear of a cycle business closing its doors, and many mourned the loss of Middleburn Cycle Components when they went into voluntary liquidation in August. However, we have good news, as Middleburn Cycle Components has been bought by another cycle component manufacturer, Staffordshire based BETD Cycle Components.
Hampshire based Middleburn are well known amongst custom bike builders and enthusiasts for their sought after cycle components which include retro-style, British made, chainrings and cranksets. The brand will now live on thanks to the acquisition by BETD who are part of the KMF Group, specialists in precision sheet metal and precision engineering products.
BETD Managing Director Kate Lewis commented: “We are delighted to be able to keep the Middleburn brand alive. We shall manufacture and continue the supply of many of their iconic products and will also be able to increase their availability through our existing online store and growing trade accounts.”
KMF Group is one of the largest privately owned engineering firms in the Midlands. It employs over 450 in its state of the art factories in Newcastle-under-Lyme and at a manufacturing facility in Slovakia.
KMF Group managing director Gareth Higgins said: “BETD are now an established part of our group supported by a fully integrated suite of our precision engineering facilities. The business will continue to grow leveraging off group functions such as marketing, logistics and finance.
“I would like to assure all former customers of Middleburn Cycle Components that we will continue to supply their sought after components, manufactured to the same exacting standards that customers expect. We also now have the exciting opportunity to add new products to the portfolio backed up by our first class customer service.”
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Maybe now SJS cycles will lower their Middleburn components prices a bit 🙂
I do hope that this will allow both brands to establish a comprehensive range. Middleburn working on the crank/ring/guide/bottom bracket range, and BETD furthering the Goldtec offerings for Hubs. Maybe push into headsets and other UK widgets (Love my cable oliers in winter!). My RS7 cranks where amazing, and i miss them every time somebody says the name Middleburn,
Great news. Well done BETD!
excellent news.
Phew!
I hope Middleburn Matt will have a role in the new set up. It sounds like he was royally shafted by the liquidation.
Great news tho, even tho I’ve spent a bomb, buying up Uno rings to fit my cranks already.
Sounds more like BETD have bought the name, and will make Middleburn bits themselves, rather than Middleburn themselves carrying on. Not a bad thing, but not quite the same.