The new €15 million development, which comprises 265,414 sq ft (24,657 sq m) of warehouse space and 6,243 sq ft (581 sq m) of offices, was completed on time and within budget for Germany's largest bicycle manufacturer. One of Europe's leading bicycle companies, Derby Cycle is a subsidiary of Dutch conglomerate Pon Holdings, the international trading and service company that employs almost 13,000 people across 32 countries.
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