Cairngorm Capital, a private equity firm, completed the acquisition of Whyte Bikes, a British bicycle manufacturer. Financial terms were not disclosed. "This is a new chapter for Whyte and represents a natural progression for me – Guy is a very capable MD of the business and has been shaping Whyte to his own vision over the last seven years. This is an exciting time for all involved in Whyte’s future and I have every expectation of its success, under the ongoing stewardship of Guy and the management team," Derek Farrant, Whyte Bike Founder.