Offer of €1.6 billion for bicycle repair shop Accell | Financial

HEROVEEN (ANP) – Bicycle manufacturer Accell is likely to be taken over by a group of investors. The consortium led by KKR has left 1.6 billion euros for the company behind brands such as Batavus and Sparta. The acquisition, which is still pending the usual approvals, is expected to close around the summer.

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