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New owner of New York Stock Exchange listed cycle company NI Chain Reaction Cycles

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A Northern Ireland business that started as a family-owned bike shop in County Antrim is now part of a global sports group listed on the New York Stock Exchange, the Belfast Telegraph can reveal.

Online icycle accessory retailer Chain Reaction Cycles, founded by the Watson family in Ballynure in 1995, merged with their biggest rival Wiggle five years ago.