The Helyett company was founded in 1919 by the Picard brothers, in Sully-sur-Loire, with another factory near Orleans, and named after the heroine of the operetta Miss Helyett, whose image adorned many of the head badges affixed to Helyett bicycles.
The company started out making cycle parts but was soon making complete bicycles and, by 1926, motorcycles too. In 1932 the company started sponsoring a cycle racing team with Hutchinson as co-sponsor, as they were almost continuously through to 1961 when the team sponsors were Helyett – Fynsec – Hutchinson.
The last Helyett professional team was the Saint-Raphael – Helyett team of 1962, when Jacques Anquetil gained his third Tour de France victory. Jacques Anquetil won three of his five Tour de France victories riding for the Helyett team, before switching to Gitane in 1963 and winning again.
In 1962 the Orleans factory was sold to Robert Griffon for the manufacture of Griffon bicycles and in 1966 Helyett was merged with Gitane and subsequent Helyett bicycles became “badge-engineered” Gitanes – some even carrying the Gitane logo on the fork crown.