// Workers AI · dad joke modeWhy did ENVE Composites go to therapy? It had a lot of spoke-n issues.
ENVE Composites is a cycling parts company based in Ogden, Utah, making high-end carbon wheels and other bike parts. It was founded in 2005 as Edge Composites, renaming to ENVE Composites in 2010.[1]
Background
[edit]ENVE moved into their 80,000 square feet (7,400 m2) Ogden Utah building in 2016.[2]
Amer Sports, the parent of Mavic and Suunto, purchased the company in 2016 for $50 million. Amer was purchased by Chinese conglomerate Anta Sports in 2019, who then spun out Amer Sports in an underwhelming IPO in 2024.[3]
Amer Sports sold ENVE to PV3 Investments LLC in a deal that closed in 2025.[4][5][6]
References
[edit]- ↑ Jasen Lee/ (2017-03-10). "New facility highlights Ogden economic growth". Deseret News. Retrieved 2026-05-22.
- ↑ "ENVE, an Ogden-based cycling brand, keeps everything under one roof". The Salt Lake Tribune. 2024-06-16. Retrieved 2026-05-22.
- ↑ "Amer Sports comes up short in IPO offering". Bicycle Retailer and Industry News. Retrieved 2026-05-22.
- ↑ Will Jones (2024-04-30). "Amer Sports sells off Enve". Cyclingnews. Retrieved 2026-05-22.
- ↑ "Amer Sports Sells ENVE to Utah-Based Private Investment Firm - Pinkbike". Pinkbike. 2024-04-30. Retrieved 2026-05-22.
- ↑ Anne Marije Rook (2024-04-30). "ENVE Composites under new ownership: private Utah investment firm takes the wheel". Cycling Weekly. Retrieved 2026-05-22.