Premier Tech becomes co-owner of the team in equal parts with Kazakhstan

After having announced in November the co-sponsorship of the team, Premier Tech now becomes co-owner in equal parts with Kazakhstan.

For Premier Tech, this new co-ownership was the next logical step in its long-standing commitment towards sports, more precisely towards professional cycling.

This new co-ownership strengthens our involvement and our support towards the riders and the entire Astana – Premier Tech team. Our commitment also allows Canada to strengthen its presence as an important stakeholder at the highest level of road cycling. Our co-ownership with Kazakhstan really paves the way for the next generation of Canadian professional riders.

Jean Bélanger, President and Chief Executive Officer of Premier Tech.

I am very excited to start our collaboration with Premier Tech as our co-owner. It is something special, as it is the first time in the team’s history to welcome an international company as a stakeholder in equal parts with our Kazakh stakeholder. Having these two parties on board, give me, and the team strength and confidence about our long-term future as well as the possibility to step up once again in being a professional UCI WorldTeam but at the same time progressing on business model, which will give us a chance to provide the best conditions for our athletes to see them shining on the podium.

Yana Seel, Managing Director

 

To underline the new union the team changed its design to represent the Kazakh-Canadian combination.