In 1905
the Pedersen Company was completely taken over by Lister, which produced the Dursley Pedersen until 1915.
Mikael turned to other tasks. During the 1st World War he produced fine measuring instruments, improved gear milling machines and developed magneto igniters for aircraft engines.
Mikael Pedersen, the ingenious developer and designer had a hard time in business and his family life wasn't very happy either. He married three times.
In 1918
he moved with his third wife Ingeborg from Dursley to London.
In 1920
Mikael Pedersen returned to Denmark, separated from his family and his three sons.
When he died in 1929
in an old people's home in Copenhagen, impoverished and forgotten, he was buried in an unmarked grave.
In 1995
Pedersen was buried again. This time in Dursley and this time with more than 300 guests. The family from Denmark and Pedersen bike friends from many countries came together. And this time there is also a gravestone.