Posts tagged as accell

  • Sunday, July 27th 2014

    First half of 2014 shows most large retailers are doing fine

    by Markus Huber

    Over the past few days, some financial results for larger vendors and retailers have been published for the first half of 2014. Here is an overview of performance figures for the first six months – see graph below. Accell Group to spin off fitness division The flat sales for large Dutch bicycle manufacturer, the Accell Group, were mainly caused […]

  • Wednesday, November 20th 2013

    Accell expects sales growth, but slightly lower profits

    by Markus Huber

    Accell Group, the big Dutch bicycle manufacturer, says that it expects higher sales during the second half of its financial year, based on results up to the end of October. For the full year, the group reckons  with increased sales in all key markets, including those which have been stable or decreasing—both in total turnover […]

  • Friday, February 22nd 2013

    Accell posts 23% sales growth


    Accell Group recorded a sales increase of 23 percent to €772.5 million in 2012, partly due to the acquisition of Raleigh and rising sales of electric and innovative sports bikes. Bicycle sales came under pressure in a number of European countries, including the Netherlands, as a result of reduced consumer spending. The electric bicycle, however, […]

  • Wednesday, November 14th 2012

    Nice weather buoys Accell


    Accell Group, the Dutch company that owns a dollop of bicycle and fitness brands, said that the pleasant weather this summer enabled it to increase its turnover in the third quarter. While the rise was aided by the acquisition of the Raleigh Cycle Group and its Diamondback brand in April, comparable sales were up as […]

  • Thursday, July 26th 2012

    Accell’s profit takes a dip


    Accell, the Dutch group that owns a gaggle of bicycle and fitness brands, saw its net operating result shrink by 15 percent to €23.2 million for the first half of the year, even though its sales increased by 19 percent to €445.6 million. This included organic sales growth of 2 percent, while most of the […]

  • Thursday, April 26th 2012

    Accell issues shares to buy Raleigh


    The Accell Group has reached an agreement to acquire all of the outstanding shares of Raleigh Cycle, owner of the Raleigh and Diamondback brands, at a price of about €60 million. The Dutch group already owns a gaggle of bicycle brands, from Batavus to Sparta, Koga, Lapierre and many more, but Raleigh Cycle will neatly […]

  • Tuesday, April 3rd 2012

    Accell is in exclusive discussion to buy Raleigh

    by Markus Huber

    Accell Group, the big Dutch supplier of bicycles and fitness equipment, has announced that it is in exclusive negotiations with Raleigh Cycle Limited and its stakeholders to acquire the Raleigh brand of bicycles. Raleigh has been in the bicycle business for 125 years and has own production and distribution facilities in the United States, the […]

  • Monday, March 26th 2012

    Accell spruces up fitness unit


    Previously called Accell Fitness Division, the fitness unit of the Dutch bicycle group has changed its name to Tunturi Fitness, after the Finnish brand that forms the largest share of its fitness equipment sales. The company’s managers told Sport Partner that the new name more adequately covers the activities of its fitness business, which focuses […]

  • Monday, February 6th 2012

    Kalliwoda becomes Accell’s Asian frontman


    Accell Group, the leading European bike producer based in the Netherlands, has appointed one of its senior executives, Uwe Kalliwoda, as president of Accell Asia. Based at Accell’s office in Taiwan, he will seek to seize opportunities in the region in both procurement and sales. Accell markets for the moment only a few of its […]

  • Monday, December 12th 2011

    Accell buys Van Nicholas


    Accell Group, the Dutch company with a smattering of bicycle and fitness equipment brands, said it had reached a deal to take over all shares of Van Nicholas, a specialist Dutch supplier of titanium bicycles and frames. Based in Numansdorp, the Netherlands, the company will be integrated into Koga, the Accell subsidiary that focuses on […]