![]() 2011 Schwinn logo | |
Company type | Subsidiary |
---|---|
Founded | July 14, 1895 |
Founder | Ignaz Schwinn |
Headquarters | , USA |
Key people | Edward Schwinn, President[1] |
Parent | Pon Holdings (Pacific Cycle) |
Website | schwinnbikes |
The Schwinn Bicycle Company is an American company that develops, manufactures and markets bicycles under the eponymous brand name. The company was founded by Ignaz Schwinn (1860–1948) in Chicago in 1895,[2][3] and in the 20th century became the dominant manufacturer of American bicycles.
Schwinn first declared bankruptcy in 1992 and was restructured, in 2001 Schwinn again declared bankruptcy and was purchased by Pacific Cycle, now owned by the Dutch conglomerate, Pon Holdings.[4]