Accell Group Holding B.V. and its Dutch subsidiaries have been granted suspension of payments, bringing months of restructuring efforts to a new phase after the company was unable to secure a long-term solution for the business.
The European bicycle industry has continued its transition towards a more balanced and demand-driven market. Following the exceptional surge in demand during the Covid boom, supply chain disruptions, and the subsequent market correction, the latest 2025 data clearly indicate that the industry is stabilising. "This is a sign that the inventory troubles that we have had coming out of COVID are now finally at the end," said industry body ECI CEO Paul Walsh at the presentation of the 2026 Bicycle Industry & Market Profile (BIMP).
The transfer of Accell Group to the new owner, the Singapore-based investment firm DuTech Group, passed another regulatory milestone. The Polish anti-competition authorities, UOKiK, identified no concerns significant enough to justify remedies or prohibit the transaction, and therefore approved the acquisition.
The e-bike plays a central role for the brand Velo de Ville. More than 80% of production in Altenberge, Germany, consists of e-bikes. Although general manager and owner Volker Thiemann is positive about the market, he is also concerned about recent technological developments that, in his view, threaten the survival of today's e-bike.
For Austrian KTM Fahrrad GmbH, the financial year 2024/2025 was still a challenging time. According to the company's financial statements, filed only last week, KTM Fahrrad reported a nearly 14% decline in revenue from € 425 million in 2023/2024 to €365 million in the 2024/25 fiscal year. The company's results in this fiscal year were still heavily influenced by massive discounting campaigns.
Belgium's speed pedelec market continued its transformation in the first half of 2026, with strong growth in new registrations driven by leasing contracts and large fleet deliveries, while the rapidly expanding second-hand market is creating a broader customer base for speed pedelec sales in Europe's leading market.
