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The appointment of the new Chief Financial Officer (CFO) Gijsbert van Zoeten is Accell Group’s next step in an attempt to counter the financial challenges. The reorganization of the board of management was only communicated internally.

Accell Group reorganizes senior management to counter financial...

HEERENVEEN, the Netherlands - The appointment of the new Chief Financial Officer (CFO) Gijsbert van Zoeten is Accell Group's next step in an attempt...

The financial markets began worrying about the financial position of Accell Group a long time ago. – Photo Accell Group

Financial and organisational problems piling up at Accell Group

HEERENVEEN, the Netherlands - The financial situation for KKR owned Accell Group is becoming increasingly challenging. A group of lenders decided to...

Babboe has announced that compensation will be given for the inconvenience caused. – Photo Babboe

Accell recalls Babboe cargobikes while over 8,000 claims are looming

AMERSFOORT, the Netherlands - Babboe has announced the inevitable recall of its cargo bikes after receipt of numerous reports of frame breakage as...

It turns out that breaking frames were not incidents, but happening rather frequently at Babboe – Photo Accell Group

Babboe facing potential prosecution for selling defective cargo bikes

HEERENVEEN, the Netherlands - A newly released report is causing a stir at Dutch cargo bike manufacturer Babboe, owned by Accell Group. The existing...

The Netherlands Food and Consumer Product Safety Authority has instructed Babboe to immediately cease distributing all their cargo bikes. – Photo Babboe

Accell Group suspends Babboe cargo bike sales as quality issues...

HEERENVEEN, the Netherlands - Babboe will stop selling its cargo bikes until further notice. The Netherlands Food and Consumer Product Safety...

“We strongly dispute that our factory in Heerenveen will close in the long term,” said Accell Group CEO, Tjeerd Jegen. – Photo

Accell Group 'analysing all options for investment plan in...

HEERENVEEN, the Netherlands - The merger of two factories into one as Accell Group announced last Tuesday, has to result in a more efficient and...

The relocation of production from Heerenveen, the Netherlands to other European locations such as in Hungary (pictured) will result in more than a hundred job losses for the Accell Group. - Photo Bike Europe

Accell Group cuts jobs as production across Europe is streamlined

HEERENVEEN, The Netherlands - Accell Group has announced today that it plans to adjust its production structure to "simplify operations and enhance...

After a challenging year are brighter times ahead for the bicycle industry in 2024?

Is there light at the end of 2023?

ZEIST, The Netherlands - In contrast to recent years where the 'best read' items on Bike Europe were related to high-level investments and buoyant...

The much-discussed inventory level in the industry led to aggressive discounting campaigns. – Photo Accell Group

Fitch Ratings warns Accell Group finances are 'unsustainable'

HEERENVEEN, the Netherlands - The reorganisations announced at three of its subsidiaries was already a clear indication of a new policy at Accell...

Through the collaboration with Refurb Battery, Accell Group aims to reduce the carbon footprint of its e-bikes. – Photo Batavus

Accell Group partners to repurpose used e-bike batteries

HEERENVEEN, The Netherlands - Accell Group has announced a new collaboration to take a significant step in reducing CO2 emissions by giving a second...