Rideworks Components acquire Shand brand

Just seen this pop up on Faceache:

Interesting times in the bike industry!!

What’s the story there? I thought Shand was bought by some steel company along with another, was it Trillion or something like that?

They did

https://singletrackworld.com/wp-content/uploads/2018/06/trillion-unveils-new-shug-steel-hardtail-at-fort-william/

I asked about the recent history of Shand on another thread (relating to a new gearbox development) a month or so ago and when Steve Shand sold / moved on to new projects.  The very man himself kindly replied with a potted explanation. 

If only the search worked, I’d find it and attach the link ! 

(My Shand has a Rideworks eccentric BB, BTW)