News

EDE (THE NETHERLANDS), 25 APRIL 2018 – The Accell Group Annual General Meeting of Shareholders (AGM) held today approved all the agenda items presented at the meeting. The important agenda items included the previously refined strategy, the approval of the dividend proposal for the 2017 financial year, the reappointment of Ab Pasman as chairman of the Supervisory Board and the appointment of Daniëlle Jansen Heijtmajer and Gert van de Weerdhof as members of the Supervisory Board.

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.