Caloi
 | |
| Private | |
| Industry | Bicycles |
| Founded | 1898 |
| Headquarters | São Paulo, Brazil |
| Products | Bicycle and Related Components |
| Revenue |
 US$137.8 million (2010) |
|
US$18.8 million (2010) | |
Number of employees | 1,100 |
| Website | www.caloi.com.br |
CALOI is a major Brazilian manufacturer of bicycles and bicycle equipment, along with motorized cycles like the past Mobilette models, based in São Paulo. Caloi was founded in 1898 by Italian immigrant Luigi Caloi and his brother-in-law, Agenor Poletti. In the 1960s, Caloi achieved some popularity producing folding bicycles. In 1972, Caloi introduced the Caloi 10, which became a cultural landmark and established the name Caloi in Brazil. In 1990 Caloi started the operations of its US subsidiary in Jacksonville, Florida.
Caloi was directed by the Caloi family from 1898 to 1999. When Luigi Caloi died in 1924, the company changed its name from Casa Luiz Caloi (Portuguese for House of Luiz Caloi) to Casa Irmãos Caloi (Portuguese for House of Caloi Brothers), directed by Luigi's sons Guido, Henrique and José Pedro. In 1928, Henrique and José Pedro left the company, and Caloi was directed by Guido Caloi alone. In 1948, the company changed its name to Indústria e Comércio de Bicicletas Caloi S.A.. Guido died in 1955, and the company was directed by his son Bruno Caloi until 1999. In 1999, the Caloi family sold the majority of Caloi's voting shares to Edson Vaz Musa.[1] Bruno Caloi, who was the president of the CBC (the Brazilian Cycling Confederation) for many years, died in October, 2006.[2]
Caloi currently manufactures a range of bicycles including mountain bikes, comfort bikes, BMX, and racing bicycles.
References
- ↑ http://www.terra.com.br/istoedinheiro/448/negocios/caloi_pedalar.htm terra.com.br (In Portuguese)
- ↑ http://esportes.terra.com.br/interna/0,,OI1171974-EI2194,00.html terra.com.br (In Portuguese)