Founded in 1893 by Carlo Borghi, Olympia is the second oldest Italian bicycle manufacturer still making bikes today (Bianchi dates from1885).
In 1959, the firm was bought by two bicycle makers, the brothers Antonio and Pasquale Fontana, to compliment their other, less exalted marques. Olympia gave them an opportunity to compete with the best bikes on the market.
Frame builder Augusto Daniele built their Competizione model, which was equipped with the top Campagnolo components. Their top models were the Competizione and Special Piuma.
More recently, Olympia was taken over by Vittorio & Paolo, the sons of Antonio & Pasquale. They have kept up with the times and now manufacture highly competitive CF bikes, as well as equip and sponsor road racing and mountain bike teams.