Pon Wants to Takeover Accell Group; Places Bid for Shares
HEERENVEEN, The Netherlands – Pon Holdings, owner of Pon Bike Group, has placed a bid for all shares of Accell Group. This bid comes after Pon Holdings provided the management board and the supervisory board of Accell Group with a letter detailing its proposal on 17 March 2017. That the two companies entered into talks was leaked to the Dutch press. A newspaper publication yesterday on it surprised the two companies and prompted the now published bid by Pon Holdings on Accell Group.