UK’s Raleigh Leaving HQ for ‘Capitalizing on Growing E-Bike Demand’
EASTWOOD, UK – Local UK media reports that Raleigh UK is set to sell its current HQ in Eastwood near Nottingham and move to a UK site that will allow it to “Capitalise on the growing demand for e-bikes”.
Raleigh is applying to Broxtowe Borough Council to change the use of its Eastwood centre from industrial to residential and a planning application has been submitted for the site to create 125 homes.
53 percent more e-bikes
With Raleigh’s e-bike sales increasing 53 percent last year and predicted continued growth in the next three to five years, Raleigh officials are quoted as saying they want to relocate to a “Multipurpose facility which is better suited to the business’s future demands”.
Inflexible and outdated
Raleigh MD Pippa Wibberley is quoted as saying “The current site has become too inflexible and outdated to meet our changing needs. This is why we have taken the decision to give ourselves the option to look for a different solution and one which provides us with extra flexibility as our business grows”.