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Accell: Strong Demand for Electric and Sports Bikes

The Accell Group is passing very good times. The group has disclosed that it has recorded an increase in both turnover and profit in the first months of 2015. The weather conditions in Europe during the first months of the year contributed to Accell’s favourable bicycle sales.

René Takens, Chairman of the Accell Group Board, reports:”Sales of electric bicycles in the Netherlands and Germany increased. At the same time, the electric bicycle is also gaining popularity in countries where the market for electric bicycles has so far been limited, such as France, the United Kingdom and the Scandinavian countries.”

The Accell Group is also seeing a clear increase in demand for their sports bikes. The higher turnover they booked helped to boost their operating profit in the first months of 2015. The company reports further that it has successfully completed the previously announced acquisition of CSN, a distributor of bicycle parts and accessories in Denmark. Read the original story.

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