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Richest Man in The Netherlands Takes Stake in Accell Group

Sales & Trends

One of the richest men in the Netherlands, John Fentener Van Vlissingen, bought a large number of shares of Accell Group NV last week. Through his investment company – Boron Investments NV – Fentener Van Vlissingen acquired a 5.19% stake in Europe’s biggest bike company.

Richest Man in The Netherlands Takes Stake in Accell Group

HEERENVEEN – One of the richest men in the Netherlands, John Fentener Van Vlissingen, bought a large number of shares of Accell Group NV last week. Through his investment company – Boron Investments NV – Fentener Van Vlissingen acquired a 5.19% stake in Europe’s biggest bike company.

John Fentener van Vlissingen is a descendant of an illustrious family of entrepreneurs who have founded, among others, MAKRO. This worldwide operating wholesaler is currently owned by Europe’s largest retailer METRO but was part of the SHV holding with which the family Fentener van Vlissingen made their fortune.

Earlier stake
John Fentener van Vlissingen owned earlier a substantial stake in Accell Group NV, but sold it. Now he returns as the owner of more than 5 percent of the holding company operating bike companies all around the globe which in 2011 had a turnover of 628 million euro.

Accell’s largest shareholder
Fentener van Vlissingen is not the largest shareholder of Accell. Remarkably, that is an UK based insurance company. This company called Aviva Plc has a stake of nearly 10 percent in Europe’s largest bicycle company.
 

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