高債務加上市場低迷,Fitch維持Accell「CCC」評等
美國,紐約(NEW YORK)¬-信用評級機構Fitch Ratings再次確認Accell Group長期信用評等為「CCC」,顯示該公司仍面臨龐大財務壓力。該機構指出,儘管Accell在營運重整上已有進展,但受到市場低迷、高債務及現金流有限的影響,其財務狀況仍然脆弱。

美國,紐約(NEW YORK)¬-信用評級機構Fitch Ratings再次確認Accell Group長期信用評等為「CCC」,顯示該公司仍面臨龐大財務壓力。該機構指出,儘管Accell在營運重整上已有進展,但受到市場低迷、高債務及現金流有限的影響,其財務狀況仍然脆弱。

瑞士,吉維謝(GIVISIEZ)-「真是聖誕大禮!」就在聖誕節前,位於法國巴黎的國際商會(ICC)仲裁庭確認,Beat Zaugg必須將手中所有Scott Sport股份出售給Youngone Corporation。瑞士媒體《CH Media》報導,仲裁庭將此次交易(暫定)估值定於約2,000萬瑞士法郎(2,150萬歐元)。這幾乎是在宣告這場精彩權力爭奪戰的結局。

愛沙尼亞,塔林(TALINN)-物聯網公司Comodule近期發布一篇文章提到:「自行車是現代城市中最重要的其中一項交通工具,既平價又環保永續,但業界仍停留在傳統思維。自行車產業不斷改良機械零件,但世界其他領域早已邁入新世代。」該公司認為,電動自行車雖改善通勤方式,但自行車本身未有數位連結,功能相對簡單。

Global supply chain diversification has accelerated with major e-bike brands actively seeking qualified non-China manufacturing partners. Chinese battery manufacturer, Greenway, has addressed this critical market need by securing Certificate of Origin (COO) certification for its production facility in Indonesia. This establishes a fully compliant, non-China production base for its e-bike batteries, enabling it to serve global markets with reduced trade barriers and a more resilient supply chain.

比利時,布魯塞爾(BRUSSELS)¬-19個非政府環保組織、消費者團體,及觀光與交通運輸業者共同向歐盟執委會(European Commission)發出一封信件,呼籲盡速推動電動自行車及其他輕型交通工具(LMT)的充電系統標準化。該團體在歐洲環境局(European Environmental Bureau,簡稱EEB)的支持下寫道:「充電接頭缺乏統一標準,正拖慢歐洲的綠色轉型。」

HEERENVEEN, the Netherlands - Velo-ce S.R.L. today announced the acquisition of the titanium bike brand Van Nicholas from Accell Group. The Italian company Velo-ce, renowned for its meticulous in-house bicycle production and state-of-the-art facility near Milan, will now take full responsibility for the production and distribution of Van Nicholas bicycles.

LUDHIANA, India - After Indian powertrain giant Hero Motors Ltd. withdrew its planned initial public offering (IPO) in October 2024 on short notice, a new attempt was made for 2026. Although no specific opening and closing dates or price band have been set at this time, the automotive supplier is expected to list this year, 2026. The company's high-profile partnerships with well-known e-bike brands have solidified its relevance in the e-bike world as a drivetrain manufacturer.

NEW YORK, United States - Fitch Ratings has reaffirmed Accell Group's long-term credit rating at 'CCC', indicating that the company remains under significant financial pressure. While Accell is making progress in its turnaround, its current position is still fragile, mainly due to weak market conditions, high debt levels and limited cash generation, the agency determined.

FRANKFURT, Germany - Having been in the hands of Brockhaus Technologies AG for the last four years, Bikeleasing Service GmbH has been sold to the investment arm of French retail giant Decathlon. With this step, BLS is looking to create a strong basis for further growth as well as the targeted international expansion of its successful company bike leasing model. Having tripled revenues under Brockhaus ownership, the purchase agreement provides for an enterprise valuation of Bikeleasing of €525 million according to Brockhaus.

GIVISIEZ, Switzerland - What a "gift": Just before Christmas, the arbitration tribunal of the International Chamber of Commerce (ICC) in Paris confirmed that long-time patron Beat Zaugg must definitively sell all his Scott Sport shares to majority shareholder Youngone Corporation. At the same time, it set the (provisional) value of the package at around CHF 20 million (€21.5 million), the Swiss platform CH Media reported. This (almost) seals the deal in this spectacular power struggle.

ZEIST, The Netherlands - It became apparent within the first few months of the year that 2025 would not be the turnaround year the bicycle industry needed. A muted Taipei Cycle show made clear that the supply chain was nowhere near back to being in full swing, and despite reasonable spring sales, the European market retracted again in the summer. Business-wise, there were reports of insolvencies, closures and redundancies. Knocks came from all sides: tariffs, human rights accusations, and very public non-alignment within the industry itself on several topics. However, pockets of innovation and newcomers managed to shine through, reminding the industry that its products are well-positioned for the long term. As the industry looks to realign and prepare for 'the fix in 2026', Bike Europe looks back at the articles that shaped 2025.

BRUSSELS, Belgium - 19 environmental NGOs, consumer organisations, and tourism and mobility businesses have written a joint letter to urge the European Commission to harmonise charging systems for electric bicycles and other light means of transport (LMT). "The lack of standardisation of charging connectors is needlessly slowing Europe's green transformation," the group supported by the European Environmental Bureau (EEB) writes.

美國,華府(WASHINGTON DC)-美國國際貿易委員會(US International Trade Commission)最新資料顯示,2025年前9個月美國自行車進口量年減23%,自中國的進口量受全年關稅變數影響,下滑幅度達40%。自台灣及柬埔寨的進口量分別增加10%及83%。數據顯示,受到美國總統川普的「美國優先」政策影響,美國自行車市場已出現變化。

荷蘭,阿姆斯特丹(AMSTERDAM)-兩家分別來自電動自行車及汽車產業的知名企業欲推出電動自行車品牌的計畫已終止。在Porsche AG及Pon Holdings於2022年成立合資企業P2 eBike GmbH不久後,投資者便公開表示,創立新的電動自行車品牌並不是產業發展的最佳途徑。

比利時,布魯塞爾(BRUSSELS)¬-電動自行車品牌Cowboy已正式由法國ReBirth Group Holding SA收購。此交易象徵該比利時品牌邁入全新階段,未來將全面由ReBirth主導營運,進行資源整合及財務重整。本次交易包含與Cowboy主要貸款方進行財務重整,改善公司資產負債表,以邁入新階段。Cowboy創辦人暨執行長Adrien Roose也已離開公司。

德國,法蘭克福(FRANKFURT)-¬業界對今年Eurobike的不滿聲浪,及德國自行車產業協會(ZIV)退出的決定,促使主辦單位針對高層人員進行調整。長期擔任展會經理的Stefan Reisinger將卸任,並在過渡期間協助新管理層接班。此一人事調整是否代表產業協會態度有所轉變?ZIV執行長Burkhard Stork表示:「Eurobike在2027年前進行全面調整是合理的,只要具備必要條件,最快明年初便會開始進行協商。」

TALINN, Estonia - "One of the most important mobility tools of our time, affordable, sustainable, and perfect for modern cities, is stuck in an analogue mindset. The cycling industry keeps polishing mechanical parts while the rest of the world has moved on," connectivity specialist Comodule wrote in a recent blog. The company laments at how e-bikes are creating a smoother commute, "but the bike itself is disconnected and largely dumb."

BAD HOMBURG, Germany - Existing minority shareholder, SKion GmbH has acquired "two significant business units" from the BMZ Group. BMZ Holding GmbH and BMZ Germany GmbH faced uncertainty when a sudden disruption in the customer base and subsequent legal proceedings led to an immediate financial challenge for the lithium-ion battery manufacturer. The acquisition is subject to approval by the antitrust authorities.