News

HEERENVEEN (THE NETHERLANDS), 28 March 2018 – Accell Group N.V. today announces the increase of its minority stake in Beeline Bikes to 100%. Beeline Bikes (www.beelinebikes.com) is a pioneering mobile bike service company based on a franchise concept that delivers a turn-key sales, service and data collection solution tailored for Independent Bicycle Dealers (IBD’s) in North America. The acquisition perfectly fits Accell Group’s strategy to offer mobile bike services as part of its consumer centric omni-channel model. Financial terms of the transaction are not disclosed.

HEERENVEEN (THE NETHERLANDS), 13 MARCH 2018 - Today, Accell Group N.V. (“Accell Group”) has published the website with its Annual Report 2017. This website can be viewed via a link on the corporate website (www.accell-group.com). A PDF-version of the Annual Report can also be downloaded.

HEERENVEEN (THE NETHERLANDS), 9 March 2018 – Accell Group N.V. today publishes its annual results for the 2017 financial year and presents a strategy update for the period 2018-2022.

HEERENVEEN (THE NETHERLANDS), 16 NOVEMBER 2017 – Accell Group N.V. announces that it is further adapting its North American organisation to the changed market conditions. Next to an overall tough market for bicycles, sales via the traditional distribution channels (dealers and MultiSport) have been under pressure for a longer period of time in North America. As such, we also recently saw an unanticipated contract termination by a large MultiSport chain.

Heerenveen (The Netherlands), 19 October 2017 – During today’s Extraordinary General Meeting of Shareholders (EGM) of Accell Group N.V. the Supervisory Board has informed shareholders about the intention to appoint Mr. Ton Anbeek as Chief Executive Officer and Chairman of the Board of Directors. After the EGM, the Supervisory Board will appoint Ton Anbeek as such.