Tag Archives: Accell Group

The KKR-led consortium set to acquire Accell Group will move forward with its offer despite not meeting the 80% acceptance threshold. The Accell Group has announced that 77.8% of shares are now tendered or committed, as in addition to the 73.53% of the shares tendered or committed on 3rd June 2022, …

Smartfit is continuing to gain momentum, with the Accell Group now relying on the digital bike sizing tool. Accell brands Winora, Ghost, Haibike and Raleigh are already equipped with the intuitive solution of the Freiburg-based company, with other brands from the portfolio set to follow in the coming weeks. “We …

Accell Group and a consortium led by KKR have agreed on a recommended all-cash offer of €58.00 per share for all shares in Accell Group, representing a total consideration of approximately €1.56 billion. “The supervisory board unanimously supports the transaction and recommends the offer by the consortium, which we believe …

Accell shareholders have been officially informed about the proposed appointment of Francesca Gamboni as member of the board of management in the role of chief supply chain officer. Subsequently, the Supervisory Board has appointed Gamboni as per 1st February 2022. Rob ter Haar, chairman of the Supervisory Board, stated: “We …

Accell Group has announced that the supervisory board intends to appoint Francesca Gamboni as chief supply chain officer (CSCO) and member of the Board of Management. Upon formal appointment, Accell Group will convene a virtual Extraordinary General Meeting (EGM) of shareholders on 15th December, during which shareholders will be officially …

Jeroen Snijders Blok, one of the current Accell Group founders and a former member of the board of directors, has passed away at the age of 62. He worked for the company for more than 25 years throughout various iterations and subsidiaries. Blok began his career at Batavus in 1993 …

Accell Bike Parts has today launched its online platform Bike@Home in the UK. Bike@Home is a knowledge platform providing blogs, DIY videos and direct links to over 200 bicycle dealers across the country as well as a webshop offering a large range of bicycle parts and accessories. The platform aims …

Accell Group chief supply chain officer (CSCO) Jeroen Both has stepped down and will leave the business at the end of 2021. He will depart after six years in the role. “This is a logical moment to hand over my tasks,” he said. “I am proud of all our accomplishments …

The Accell Group has reported ‘very strong’ net sales from July till October, with a 38% increase versus the same period last year. This brings YTD net sales growth to 16%. Consequently, the group has revised its guidance upwards and is now expecting EBIT for 2020 to exceed prior-year EBIT. …

Bicycle manufacturer Accell Group has launched its ‘new purpose’ with an online video featuring the company’s staff showing how ‘cycling moves the world forward’. Its plants in Heerenveen, which produce bicycles for the European market, are also transitioning to solar energy in 2021. The move will result in a reduction …