Skip Hess went on to develop the Electra brand, but he stepped down in 2014 when it was sold to Trek. In 2004 Pacific Cycle was bought by Montreal-based Dorel Industries. Bell Sports bought American Group in 1995 and sold Mongoose to Brunswick Outdoor Recreation Group in 1997. If you’re experiencing an issue or need additional… Continue reading Why Are Mongoose Bikes Are So Expensive? I Find Out