October 22, 2026 - Legendary Cannondale has announced that it will close its Wilton, Connecticut offices by mid-2027 ending a 50+ year run at the storied location where the iconic brand was founded by Joe Montgomery back in 1971.
The closure will impact 143 employees who are expected to lose their jobs. The parent company, Pon Holdings, is consolidating operations and an official company press release (below) outlines the next chapter of North American operations and retailer support noting that the “…changes include a new home for its North American activities on the West Coast and offering its retailers easier access to other Pon.Bike brands, including Santa Cruz and Cervélo, through a single point of contact.”
Each brand will retain its own identity, models and relationship with riders and in addition, Woudenberg in the Netherlands, currently Cannondale’s European headquarters, will become its global headquarters. R&D and engineering functions will continue in Freiburg, Germany.
Earlier this year, Cannondale Factory Racing announced that it was not continuing despite having one of the team’s most successful seasons.
The closing of the company’s Connecticut operations marks the end of a remarkable era for the brand. Cannondale’s first product was actually a bicycle trailer, en-route to becoming one of cycling’s most innovative and successful brands with its notable lefty front suspension fork that first appeared around 1999, along with oversized aluminum frames, CAAD series, World Cup team sponsorships for both road and MTB, and much more.
The company’s venture into offroad motorcycles in the early 2000s saw it face tough times and Chapter 11 bankruptcy. Eventually it became part of Dorel Sports that owned Schwinn, GT, Mongoose, Caloi, Charge, and KidTrax. In 2021, Pon Holdings acquired Dorel Sports for $810 million USD.
Cannondale Announces Next Chapter of North American Operations and Retailer Support
Cannondale today announced plans to strengthen its North American operations and retailer support. The changes include a new home for its North American activities on the West Coast and offering its retailers easier access to other Pon.Bike brands, including Santa Cruz and Cervélo, through a single point of contact.
Over the next six months, Cannondale will adopt a new sales model in North America, with outside sales representatives covering multiple Pon.Bike brands. This builds on two years of closer commercial collaboration between the brands to offer retailers greater choice. For retailers carrying more than one brand, this means a single point of contact and simpler ordering and support services. The aim is to make it easier for retailers to work with Cannondale and access more of the Pon.Bike portfolio. Each brand will retain its own identity, models and relationship with riders.
As part of this next step, Cannondale is creating a new home for its North American business on the West Coast, a region known for its cycling culture. A dedicated commercial, retailer and rider support team will be based there, providing Cannondale expertise and services to retailers and riders across North America.
Alongside these changes, Cannondale is bringing its global teams closer together. Woudenberg (the Netherlands), currently Cannondale’s European headquarters, will become its global headquarters. R&D and Engineering functions, long based in Freiburg (Germany), will continue to engineer and develop the best bikes building on Cannondale expertise already there.
As part of this transition, operations at the Wilton (Connecticut, USA) office will wind down by mid-2027. For more than five decades, Connecticut has been instrumental in shaping Cannondale into one of cycling’s most influential brands. Cannondale is deeply grateful to the team members whose passion, creativity, and commitment built this incredible foundation. The innovative spirit they fostered remains a core part of Cannondale’s DNA as the brand proudly carries its legacy into this next chapter of growth and rider-focused innovation.
