public industry bicycle manufacturing founded 1972 headquarters yuanlin changhua taiwan products bicycles website www.merida bikes.com merida crossway merida industry co. ltd mic is a taiwan based bicycle design manufacture and sales company . it was started in 1972 by ike tseng . the original layout was based on the raleigh nottingham factory as merida began by making raleigh bikes for the north american market . ike was a very talented engineer and the company grew as a well respected oe manufacturer making many well respected brands . ike died in january 2012 the company is now run by his son michael tseng . merida is a global player in bicycle design and manufacturing making 2.2 million bicycles a year at 5 factories 1 in taiwan 3 in china and 1 in germany . as at 2012 the company is a public listed company on the taiwanese stock exchange quoted at approximately 350 million making it one of taiwan s biggest companies . 1 the company went public in 1992 . merida now produces mainly its own merida branded bikes which are present in 77 countries around the world or selected brands which it has a financial interest in e.g. the german brand centurion . 2 in 2001 merida bought 49 % of specialized for a reported us 30 million although its ceo and founder mike sinyard remained majority owner . 3 4 merida has been co sponsor of the multivan merida biking team with athletes such as jose hermida and gunn rita dahle flesj and of bicycle racing events such as the transuk and transwales mountain bike races . 5 since 2004 the team has been scoring over 30 world cup wins as well as olympic gold and silver medals . 6 in 2013 merida became co sponsors of the pro tour lampre merida road racing team . contrary to many rumours there are no official reports that merida manufactures own label bikes for any uk only high street or supermarket chains . references edit 1 branding taiwan 2 german bike magazin milestone award 2008 http www.bike eu.com news 680 correction merida buys 49 % 25 of specialized.html correction merida buys 49 % of specialized . bike europe . 2001 08 08 . retrieved 2013 02 17 . skinner matt february 25 2009 . after 7 days and 550km of riding with 15 500m of climbing the merida bikes transwales 2008 is over . bikemag.com . retrieved march 9 2009 . multivan merida biking team merida bikes international . retrieved 2012 11 13 . external links edit wikimedia commons has media related to merida bicycles . company site this article about a taiwanese corporation or company is a stub . you can help wikipedia by expanding it . v t e this article related to a bicycle manufacturing company is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title merida bikes & oldid 718411555 categories companies established in 1972cycle manufacturers of taiwantaiwanese brandsmultinational companies headquartered in taiwantaiwanese company stubscycle manufacturer stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutschnederlands polski sloven inasuomi edit links this page was last modified on 3 may 2016 at 10 40 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view