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High inventory levels show that Accell Group followed the pack in the aftermath of the pandemic. - Photo Sparta

Accell Group sees setback in financial position

HEERENVEEN, the Netherlands - Accell Group's 2022 financial report is a remarkable indication of the huge change in the industry from shortage to...

The Babboe frames will soon be made in the Netherlands instead of Asia. – Photo Babboe

Accell Group to source bicycle frames in the Netherlands

HEERENVEEN, the Netherlands - Accell Group has relocated the sourcing of cargo bike frames from Asia to the Netherlands. Both based in Heerenveen,...

New Board of Management members at Accel (ltr.): COO Jonas Nilsson, CDO Mia Ruotsala and CFO Toine van Doremalen. – Photo Accell

Accell Group reorganises Board of Management with three new members

HEERENVEEN, the Netherlands - The Supervisory Board of Accell Group has announced the appointment of two new members to its Board of Management....

“The market has to show first that current supply chain delays are really demand driven and not only the result of the setbacks in deliveries,” says Accell Western Europe’s regional director Epco Vlugt. – Photos Bike Europe

Accell Western Europe adopts flexible approach to steer through...

EDE, The Netherlands - "The problems in the supply chain are still very present," tells Accell Western Europe's regional director Epco Vlugt to Bike...

Accell Group will be delisted from Euronext Amsterdam as of 22 August 2022. - Photo Bike Europe

Accell Group well-positioned despite inventory and cash flow issues,...

HOOFDDORP, the Netherlands - The take-over of Accell Group by KKR and Teslin has entered a new stage now it will be delisted from Euronext Amsterdam...

As soon as possible KKR will commence a compulsory acquisition procedure for the remaining shares. – Photo Bike Europe

KKR to start legal actions to obtain last 3.1% of Accell Group shares

HEERENVEEN, the Netherlands - The initial offer of the KKR-led consortium for the Accell Group's share was not welcomed by all parties involved....

Accell Group, with its portfolio of brands including Haibike, Winora, Ghost, Batavus, Koga, Lapierre, Raleigh, Sparta, Babboe and Carqon is now in the hands of KKR-led consortium. – Photo Bike Europe

KKR waives 80% threshold as Accell Group buy-out goes ahead

HEERENVEEN, The Netherlands - Following a tumultuous couple of weeks, the consortium led by KKR has declared its offer on Accell Group...

The Accell Group take-over now hangs in the balance. - Photo Bike Europe

Accell Group fails to meet 80% shares sale threshold in take-over bid

HEERENVEEN, the Netherlands - The Accell Group take-over has entered a new period of uncertainty. Less than 80% of the fully diluted shares were...

All proposed resolutions for the take-over of Accell Group were adopted with a majority of votes cast. – Photo Bike Europe

Accell Group one step closer to €1.56 billion take-over

HEERENVEEN, the Netherlands - The extraordinary general meeting of shareholders of Accell Group, which took place on Friday 20th May, voted in favour...

Accell Group no longer accepts a lower registration rate than 80%. – Photo Accell Group

KKR's take-over offer for Accell Group enters uncertain phase

HEERENVEEN, the Netherlands - The take-over of Accell Group by Kohlberg Kravis Roberts & Co. LP (KKR) and Teslin Alpine Acquisition has entered an...