The Watson family used to run a tiny bicycle shop in Antrim until the internet changed everything. Now they own Britain’s largest online bike store Chain Reaction, with son Chris (40) at the helm.
Sales touched €194m last year, with profits rising more than six fold to €6.4m. More than €5.3m in dividends have been paid out over the last two years, however recent valuations may have been way too toppy and they’ve been pared back considerably. The firm runs a downhill mountain bike team, CRC/Nukeproof.