Pon bids for Accell to form bicycle giant

2017-04-21T00:00:00

The Accell Group confirmed last week that it was holding talks with Pon Holdings, after Pon issued a conditional bid for the acquisition of Accell. The tie-up between the two Dutch conglomerates would form a global market leader with annual bicycle sales of about 2.3 million units worth €1.7 billion.

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