Heerenveen, the Netherlands – Accell Group, the European market leader in e-bikes, is
planning to change its manufacturing set-up, simplifying its operating model and
enabling a more efficient production. Accell will combine its two Heerenveen based
facilities and transfer part of the current production to its other European manufacturing
facilities.

Heerenveen, the Netherlands - Accell Group, a leading European manufacturer of bicycles, bicycle parts and accessories and scale-up Refurb Battery will further expand and intensify their collaboration. This follows the successful pilot to reuse 5,000 discarded electric bike batteries which led to the reduction of CO2 emissions by more than 100 tons in recent months. Refurb Battery is a Dutch scale-up which develops circular energy storage systems based on used Lithium battery cells.

Heerenveen, the Netherlands – Accell Group, a leading European manufacturer of bicycles, bicycle parts and accessories, is pleased to announce the appointment of Tjeerd Jegen as CEO and Chair of the Management Board. Starting 1 November 2023, Tjeerd will succeed Juan de Ochoa, who has been interim CEO and Chair of the Management Board since the beginning of the year. Accell Group has also appointed Kasper Rørsted as Chair of the Supervisory Board, effective 1 October 2023.