Historic bikemaker Raleigh in administration plan woeThe company behind historic bikemaker Raleigh has filed to appoint administrators. Bosses say they are “deeply sad” and have “tirelessly explored” every option to secure the cycling business’ future. The company bought Raleigh in 2012 for around £74 million, adding to its roster of bike brands throughout Europe, including Haibike, Winora and Ghost. Founded in Nottingham in 1887, Raleigh was well-known for its Chopper model, which featured extended handlebars and is now part of its ‘retro’ range. “Every realistic option for the future of the business has been tirelessly explored, and none have resulted in a solution to continue the group in its current form.