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Raleigh Bike Owner Accell Group Files for Insolvency, Threatening Hundreds of Jobs
BusinessBBCThe Guardianle-figaro+6telexde-volkskranthvgThe Independentthestreetdutchnews25d ago9 sources

Raleigh Bike Owner Accell Group Files for Insolvency, Threatening Hundreds of Jobs

Accell Group, the Dutch owner of Raleigh and other major bicycle brands, has initiated insolvency proceedings, putting hundreds of jobs at risk across its European operations, including a factory in Hungary. The company cites a shortage of parts and other issues for its financial difficulties.