Accell Group Archives

Accell Group

The ultimate bike industry boom and bust disaster story? Private equity firm that invested huge sums in Raleigh’s parent company has lost over £1 billion

Accell, which also owns Lapierre, Babboe, and a host of other bike and e-bike brands, says it has secured new financial backing as part of its latest restructuring process, which it claims will “fundamentally transform the business”

Thu, Feb 19, 2026 11:25

Local paper accuses British Cycling of “censoring” village named Three Cocks; Never ask ‘why is Tadej Pogačar going so slow?’; Down the Koppenberg at 70km/h; Jockey wheels have left the chat; Vuelta S6; 20-year wait for cycle path + more on the live blog

We've got all your cycling news, reaction, silliness and more on our Thursday live blog, Dan Alexander taking over from Ryan and promising not to make too many Grimsby Town jokes...

Thu, Aug 28, 2025 08:07

Raleigh suffers £30 million loss in 2023 despite sales increasing by 3.5%, with “material uncertainty” potentially casting “significant doubt” over business – but directors claim iconic British brand is in “strong position”

The British bike manufacturer was reported to be dependent on “non withdrawal of existing funding and additional financial support” from parent company Accell Group, which itself posted a loss of €390 million in 2023

Wed, Jan 08, 2025 16:33

Brighter days ahead for bike industry? Raleigh owner reports inventory levels back to normal

Accell Group has reportedly reached an agreement to reduce its debt by €600 million

Mon, Oct 07, 2024 17:05

New Raleigh headquarters at Durban House, Eastwood

Raleigh relocates to historic Nottinghamshire site as iconic British brand promises “ambitious plans” for future growth, months after job cuts and move away from previous headquarters

“Raleigh’s rich heritage is deeply intertwined with Eastwood, making it essential for us to stay connected to our local roots,” the company said as it announced its move to Durban House

Mon, Aug 12, 2024 17:10

Raleigh uncertainty eased as bicycle manufacturer’s warning notice discontinued by Companies House

Late financial accounts meant the iconic bike brand — which has made redundancies in recent times — risked being struck off the register, a late filing that has seemingly been addressed as parent company Accell took the blame

Wed, Jul 24, 2024 14:08

Raleigh owner Accell’s credit rating downgraded for fourth time in a year, as group’s cargo bike company slammed for “shambles” recall of faulty frames

According to Fitch Ratings, which has downgraded Accell Group’s rating to CCC-, the company’s “weak operating performance, tight liquidity, and negative free cash flow results in unsustainable credit metrics”

Thu, Jun 13, 2024 16:17

Cargo bike company Babboe announces replacement programme for 22,000 faulty frames after attempted cover-up of manufacturing defects

The Accell Group-owned Dutch brand has announced that all owners of the faulty models will be offered a new bike

Thu, Apr 04, 2024 12:09

Cargo bike company Babboe stops sales and tells customers to “immediately stop” riding their bikes due to faulty frames – after “lying” about defects

The Accell Group-owned brand has halted sales of its entire range after finding manufacturing errors and welding defects in frames, amid accusations of a cover up by former and current employees

Wed, Feb 21, 2024 18:46

Dutch cargo bike company Babboe was “well-aware” of its sale of faulty frames, finds investigation

The Accell Group-owned brand has stopped further sale of its cargo bikes, amidst reports that the staff “had to lie” to customers about the issues

Sat, Feb 17, 2024 13:47