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Pon Holdings Makes Offer to Buy Accell, Create World’s Largest Cycling Company

   Posted by: admin   in BMX, Business news, Cycling, Cyclocross, Mt. Bike, Road Bike

Pon Holdings, a Dutch company that already owns Focus, Gazelle, Cervélo, and who bought Santa Cruz in 2015, has made an offer to purchase the Accell Group for a whopping $895 million USD (€845 million). Accell Group is home to Diamondback, Raleigh, Ghost, Winora, Lapierre, and Haibike, so if the marriage between Pon and Accell were to happen, it would create one of the largest, if not the largest, cycling conglomerates in the world. Pon says that the €845 million offer boils down to   …  More

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This entry was posted on Wednesday, April 12th, 2017 at 6:50 am and is filed under BMX, Business news, Cycling, Cyclocross, Mt. Bike, Road Bike. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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