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357 Dutch bike maker Accell Group announces €600M debt reduction amid financial turmoil: Know more

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · 10/04/2024 06:09 EDT

Dutch bike maker Accell Group announces €600M debt reduction amid financial turmoil: Know more

Heerenveen, The Netherlands-based Accell Group, which produces and sells bicycles, as well as their parts and accessories, announced that it is taking a significant step to improve its financial position. It includes reducing its corporate debt by reaching an agreement with most of its financial stakeholders. According to the company, the implementation of the recapitalisation ... Read more

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