SRAM acquires Time pedals! SRAM has announced the purchase of French pedal brand Time. In the latest in a long list of acquisitions, including Quarq, Zipp, Powertap, RockShox, Truvativ, and Avid, the Time acquisition moves SRAM into the pedal market with an established brand and help complete the impressive portfolio,
SRAM has confirmed it will continue to offer Time cleats and pedal spare parts beginning “mid-year 2021”, but have not yet decided on the continuation of the Time shoe range.
Time warranties will be honoured by Time sport until SRAM takes on the sales and service operations later this year. At that point, SRAM has said it “will integrate Time Sport into its published warranty policy”.
SRAM’s acquisition of Time sport’s pedal and shoe line follows Cardinal Cycling Group’s recent purchase of the French brand’s bike and frame lines.
According to a statement on the SRAM website, both new owners will keep the iconic Time branding, “Both companies will continue to market products under the Time name. SRAM will focus relevant external communications as Time Sport, and Cardinal Cycling Group will utilize Time Bicycles.”
Time has a long history in clipless pedals, with its first release back in 1987. Since then, Time grew to become a powerhouse in the cycling industry, arguably one of the most popular pedals at one point. Time offers pedals for road, mountain bikes and gravel cycling.
What exactly SRAM has planned for the Time range, only time will tell. However, we did speculate last week what the disappearance of Powertap, another SRAM acquired brand, might mean. Could Time pedals provide another twist in that story?