 In 1999, the Caloi family sold the majority of Caloi's voting shares to Edson Vaz Musa.Bruno Caloi, who was the president of the CBC (the Brazilian Cycling Confederation) for many years, died in October, 2006.In 2013, 70% of Caloi's shares were acquired by Dorel, which also controls other bicycle manufacturers such as Cannondale and Schwinn, among others.