Accell Group Acquires Van Nicholas

Van Nicholas, a high-end niche player in titanium bicycles and frames sold all its shares to Accell Group. Van Nicholas, based in Numansdorp, the Netherlands will report to the management of Accell Group's subsidiary Koga. An Accell group press release on the take-over says, “Koga's knowledge and logistical expertise will fully exploit the international growth potential of Van Nicholas.”