Accell Group Archives

Accell Group

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

Raleigh owner Accell Group to cut jobs and streamline European production to “simplify operations and enhance efficiency”

Redundancies will affect Accell Group's Netherlands-based workforce, with two facilities to merge and some production relocated to Hungary and Turkey

Thu, Feb 01, 2024 10:51

Raleigh MD Lee Kidger with cargo bike (copyright Simon MacMichael)

Raleigh owner sold for €1.6 billion as private equity giant punts on future of e-bike market

US firm KKR of Barbarians At The Gate fame leads consortium buying Netherlands-based Accell Group

Mon, Jan 24, 2022 19:20

Raleigh owner Accell breaks off takeover talks with bidder Pon Holdings

Company says revised offer from fellow Dutch firm that would have created world's biggest bicycle business still undervalues it

Tue, May 02, 2017 13:33

Raleigh owner Accell Group gets €845m bid from Pon Holdings, which owns brands including Cervélo

Bidder sees “excellent strategic fit” between the two groups – deal would create one of world’s biggest bike businesses

Tue, Apr 11, 2017 10:56

Employee of Raleigh’s owner may have stolen four million euros from company

Exact impact will depend on what can be recovered

Fri, Jan 29, 2016 12:23