Accell Group further adjusts North American organisation

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.