economy
Bikemaker Accell files for insolvency four years after €1.8bn KKR-led buyout
Announcement by Dutch owner of Raleigh and Babboe brands follows four difficult years since it was taken private
TL;DR
- Accell, a Dutch bikemaker, has filed for insolvency.
- The company owns well-known brands such as Raleigh and Babboe.
- This follows four difficult years after the company was taken private.