Folding Bike Pioneer Adds Nikos Maniatopoulos S.A. as distributor for Greece and Cyprus

Duarte, California, June 11, 2012 – DAHON, the world leader in folding bicycles, is pleased to announce Nikos Maniatopoulous S.A. as the official DAHON distributor for Greece and Cyprus.

Despite difficult economic circumstances prevailing in Greece and Cyprus, the cycling industry has continued to grow substantially as consumers turn to cost-effective and sustainable transportation solutions.  As one of the best-known companies in the local market for the distribution of bicycles, parts and accessories, DAHON is particularly excited to add Nikos Maniatopoulos S.A. to its global distribution network.

“We are thrilled to be working with the number one supplier of bicycles in Greece and Cyprus and it is also a great opportunity for DAHON to contribute a sustainable means of reliable transportation to the area,” says Dr. David Hon, founder and CEO.

Nikos Maniatopoulos S.A. was originally founded in the Greek city of Patras as Maniatopoulous brothers in 1926 and is the producer of IDEAL bicycles. The company has over 85 years of experience and continues to grow within the market as a primary supplier of quality bicycles.