Raleigh owner Accell Group enters insolvency proceedings
Accell Group, the Dutch owner of Raleigh bicycles, has entered court-supervised insolvency proceedings in the Netherlands after takeover talks collapsed, while Accell UK and Ireland has filed a notice of intention to appoint administrators. The group, whose brands also include Haibike, Lapierre, Ghost and Babboe, said in a statement that Dutch courts had granted a…

