Joycube Battery Co., Ltd.
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 Group BV. Now the reason why has become clear. Fitch Ratings has downgraded Accell Group and questions the company's possibility of meeting its financial commitments. According to Accell Group, "the Fitch report reflects the difficult market circumstances."