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Cycling Weekly
Cycling Weekly
Sport
Matt Ischt-Barnard

Over £170,000 in bike parts up for auction with current bid just £2600 after bike company restructuring

A screenshot of an auction lot from the Marriott & Co. website showing a large amount of bike parts on sale.

Almost £200,000 worth of bike parts is up for sale in the UK, as assets from the Guildford-based bike retailer YT Mill are auctioned off.

It was announced in late September that the original owner, Markus Flossmann, had stepped in to save German mountain bike brand YT Industries, after administration. While this triggered layoffs in Europe, it is not all doom and gloom: the US operations are still very much 'open for business', and bikes are still shipping from the brand's European warehouse.

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