Raleigh sold to Dutch rival Accell

Classic bike brand Raleigh was today sold to Dutch rival Accell in a deal valuing the 125-year-old company at £62.2m (€76m).

Raleigh sold to Dutch rival Accell
Thu, 26 Apr, 2012 - 11:41

Classic bike brand Raleigh was today sold to Dutch rival Accell in a deal valuing the 125-year-old company at £62.2m (€76m).

The firm, which was founded in Nottingham and is perhaps most famous for its Raleigh Chopper, will complement Accell’s stable of brands including Batavus and Sparta.

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CourtsBusinessHeathrowPlace: NottinghamPlace: Raleigh StreetPlace: Far EastPerson: Alan Finden-CroftsPerson: Frank BowdenEvent: Tour de FranceOrganisation: RaleighOrganisation: AccellOrganisation: Raleigh ChopperOrganisation: BatavusOrganisation: SpartaOrganisation: AvenirOrganisation: Diamondback
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