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SRAM President Stan Day, ‘Soft sales over the past year forced the restructuring.’ – Photo Bike Europe

SRAM Restructures Due To Soft Sales

CHICAGO, USA - Yesterday SRAM announced a restructuring resulting in the layoffs of approximately 40 employees across global operating functions....

Accell Group’s booth at the mid April held China Cycle Show. The holding’s subsidiaries managed to reduce their working capital considerably compared to 2013. – Photo Bike Europe

Accell Starts 2014 with Higher Revenue & Result

HEERENVEEN, the Netherlands - Today Accell Group NV announces it saw both turnover and result increase in the first months of 2014 compared to the...

Stefan Weniger has been appointed Chief Recovery Officer (CRO) at MIFA. – Photo MIFA

Capital Injection for MIFA, CEO Peter Wicht Out

SANGERHAUSEN, Germany - Troubled bike producer MIFA announced CEO Peter Wicht's departure as Management Board member "with immediate effect for...

BMC-patron Andy Rihs (r.) with Thomas Binggeli at the opening of the new Stromer plant last spring. – Photo Peter Hummel

BMC Group Undergoing Reorganization with New CEO

GRENCHEN, Switzerland - BMC Group (BMC, Bergamont and Stromer) gets again a new CEO. With the start of the new year Thomas Binggeli will be replaced...

Accell Group CEO René Takens, “Sales of electric bikes continued to grow, in particular in Germany. But our dealers are encountering the effects of a difficult season.” – Photo Bike Europe

Pressure on Accell Group's Profit

HEERENVEEN, the Netherlands - Despite expectations for a higher turnover and an on par operating profit, Accell Group's outlook on the full year 2013...

Business Sales Director Stephan Räkers is now handling all sales of Dutch Bicycle Group. – Photo Bike Europe

Dutch Bicycle Group Restructures

SCHIEDAM, the Netherlands - Last May the mid-size manufacturer Dutch Bicycle Group was acquired by Hypo Group. Part of this acquisition was a...

The Dutch Accell companies, Sparta, Batavus, Koga and Juncker Bike Parts, are brought together in a new entity called Accell Netherlands BV. – Photo Bike Europe

Accell 'Rearranges' Dutch Companies

HEERENVEEN, The Netherlands - Last Thursday Bike Europe reported on a 'new reorganization round' within the Dutch companies of Accell Group NV. There...

Following an earlier reorganization announced last April, more ‘structural changes’ are to arrive at the Dutch Accell companies. – Photo Bike Europe

More Restructuring at Dutch Accell Companies

HEERENVEEN, The Netherlands - There is a new round of restructuring to arrive within Accell Group NV and in particular within the Dutch companies of...

Production of Sparta branded bicycles and e-bikes will move to the Batavus production facility in Heerenveen, the Netherlands pictured here.

Accell Reorganizes Radically in the Netherlands

HEERENVEEN, The Netherlands - Accell Group NV has announced a drastic reorganization of its operations in the Netherlands. It will result in the loss...

Raleigh Canada was the largest bicycle manufacturer in North America. In 2007 the facility produced 320,00 bikes.

Accell Group Stops Raleigh Production in Canada

HEERENVEEN, The Netherlands - Today Accell Group NV announced that its subsidiary Raleigh Canada Ltd. will cease the bicycle manufacturing and...