Accell Group has today announced that the company’s Supervisory Board has decided to strengthen its Board. It has therefore, initiated a search with the aim of identifying and selecting a new Chairman, who will ‘closely guide the change process resulting from the company’s new strategy’.
Current chairman Ab Pasman will remain a member of the Board for one more year. As soon as the search has led to tangible outcomes and conclusions, the company stated that it will provide further rinformation.
Following the appointment of the new Chairman, the Supervisory Board will consist largely of new members.
Accell Group focuses internationally on the mid-range and higher segments of the market for bicycles and bicycle parts and accessories. The company has leading positions in the Netherlands, Belgium, Germany, Italy, France, Finland, Turkey, the United Kingdom and the United States.
In Europe, Accell Group claims leadership in the bicycle market measured in turnover. Accell Group’s best known brands are Haibike (Germany), Winora (Germany), Batavus (Netherlands), Sparta (Netherlands), Koga (Netherlands), Lapierre (France), Ghost (Germany), Raleigh and Diamondback (UK, US, Canada), Tunturi (Finland), Atala (Italy), Redline (US), Loekie (Netherlands) and XLC (international).
Accell Group and its subsidiaries employ approximately 3,000 people in 18 countries worldwide. The company has production facilities in the Netherlands, Germany, France, Hungary, Turkey and China. Accell Group products are sold in more than 70 countries. The company’s head office is located in Heerenveen (the Netherlands). Accell Group shares are traded on the official market of Euronext Amsterdam and are included in the Amsterdam Small Cap index (AScX).
In 2017, Accell Group sold around 1.3 million bicycles and recorded turnover of over €1 billion.
