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Accell Group strengthens position in urban mobility market by acquiring (e-)cargo bike specialist Velosophy

HEERENVEEN (THE NETHERLANDS), 13 JULI 2018 – Accell Group today announces that it has increased its minority stake in Velosophy B.V. to 100%. Dutch company Velosophy is a fast-growing innovative player in e-cargo bike solutions for consumers and the business market. Velosophy is the owner of Babboe, the European market leader in family cargo bikes, the new premium cargo bike brand CarQon, and Centaur Cargo, a specialist in B2B cargo bikes for ‘last mile deliveries’. By making this acquisition, Accell Group accelerates its innovation strategy, which is among others focused on the development of urban mobility solutions.

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