Owner of Raleigh bikes sold in €1.56 billion deal
US private equity firm KKR has bought Dutch bicycle company Accell Group
www.cyclingweekly.comThe Raleigh Bicycle Company states a robust brand stance during post-pandemic market pressures, and acknowledging inventory challenges and competition in the bicycle market; the company shifted its Nottingham headquarters and carried strategic changes after a 2023 review to position Raleigh for recovery. Separately, media coverage highlights ownership changes in Accell Group's history, including a 2022 sale to a private equity firm, situating Raleigh within Accell's portfolio. Independent retailers continue to be key to cycling as market conditions stabilize, with leadership stating a reorganized company for recovery.