Accell Group is adapting its organization in the Netherlands, following the decline of the bicycle market in the country. The Dutch group has decided to merge the production of bikes for Batavus and Sparta at the Heerenveen site. The production for Sparta is currently located in Apeldoorn. In addition, the whole organization of Juncker Bike Parts will be moved to the vacated site in Apeldoorn, while the storage and the shipment of service and warranty parts for Batavus, Koga and Sparta will be managed at the new warehouse in Apeldoorn. The plan is expected to result in structural cost savings of between €2 million and €3 million on an annual basis from 2014 onwards. The recurring costs, for which a provision will be taken in 2013, should not exceed the yearly cost savings. Accell Group registered sales of €772.5 million in 2012, representing a 23 percent increase over 2011. The new organization plan for the Netherlands, which will cause the loss of about 60 jobs, was discussed by representatives of Accell with the labor unions and the Central Works Council last April 5. Accell Group's best known brands include Batavus, Sparta, Loekie, Ghost, Haibike, Hercules, Winora, Raleigh, Diamondback, Lapierre, Tunturi, Atala, Redline and XLC.

Topics