Accell Group reports strong bike sale recovery in May

HEERENVEEN, The Netherlands - Accell Group has reported that bike sales rebounded in May after weak March and April sales as a result of the COVID-19 restrictions. In parallel, the company has arranged an additional credit facility as a precautionary action to secure robust access to liquidity in light of the uncertainty and volatility caused by the pandemic.
Production drops earlier in the year at Accell Group facilities have now returned to 70-80% capacity. - Photo Bike Europe