ACCELL REINFORCES FINANCIAL STABILITY WITH SUCCESSFUL CLOSING OF RECAPITALISATION

Heerenveen, the Netherlands - Accell Group (Accell) is pleased to announce that its recapitalisation process has now been fully completed, resulting in a rightsized financial structure for the future. The sanction hearing in the English court on 23 January 2025, at which the court sanctioned the recapitalisation following the agreement that Accell reached with the majority of its financial stakeholders in October 2024, was the final step before today’s finalisation. Accell’s debt is now reduced to approximately €800 million in the operating group.