HEERENVEEN, the Netherlands - After almost six years in the lead at bicycle manufacturer Accell Group, Ton Anbeek has stepped down as CEO. While a successor is being found, Juan de Ochoa, a partner at investment firm and co-owner of KKR, the new owner of Accell Group, will step in as interim chairman of the board of directors.

CAMBRIDGE, UK - Zedify, an electric cargo bike delivery network in the UK, has secured a £5 million (€5.7 mln) investment to expand its low carbon service. The funding will be used to expand its operations making it available to around 20% of the UK population. Developing an own vehicle in-house is also on the cards.

DENVER, US - Niner Bikes founder Chris Sugai has joined carbon belt manufacturer Gates as general manager of Gates Global Mobility. The bike industry pioneer with nearly two decades of bike industry leadership experience will drive efforts to expand Gates Carbon Drive offerings and bring belt drive solutions to bikes, electric mobility, and powersports.

GENNEVILLIERS, France - Upway a platform dedicated to the reconditioning and resale of e-bikes is growing its presence in Europe. Through additional funding, Upway is entering new markets with "the mission to provide as many people as possible the opportunity to buy second-hand electric bikes". The company is now active in France, Germany, Belgium and the Netherlands.