The company that owns iconic Nottingham bike manufacturer Raleigh has begun insolvency proceedings. Accell, based in the Netherlands, bought Raleigh for $100m in 2012 but said on Wednesday it had “exhausted all the available options” and was “no longer able to meet its financial obligations”. It comes after a difficult period for Raleigh, which saw…
The company that owns iconic Nottingham bike manufacturer Raleigh has begun insolvency proceedings. Accell, based in the Netherlands, bought Raleigh for $100m in 2012 but said on Wednesday it had “exhausted all the available options” and was “no longer able to meet its financial obligations”. It comes after a difficult period for Raleigh, which saw…
Raleigh was founded in Nottingham in 1887 and at one stage was the biggest bicycle maker in the world, employing about 8,000 people at its peak. It was sold to Accell in 2012 to join its roster of European bike brands, including Haibike, Winora and Ghost. Having stopped making bikes in the city decades ago,…
Owner of bike maker Raleigh files for insolvency BBC Read the original article here
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If there is one thing for which failed entrepreneur Jon Adgemis can be relied upon, it is to duck, to weave, to delay. To kick the can down the road. Adgemis may have been forced to arrive at court on Monday morning for a rare public examination – tanned, in an expensive suit, he even…
August 6, 2026 — 5:20pm Save You have reached your maximum number of saved items. Remove items from your saved list to add more. No gift articles left You’ve used all of your gift articles. 3 more will become available on the 1st of every month. Close AAA Failed pub baron Jon Adgemis has made…
Springboks clash hit by sudden exit and Lawrence Dallaglio announcement made walesonline.co.uk Read the original article here
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