Posted Aug 6, 2026 at 10:41 AM UTCTExternal LinkThomas RickerMaker of Sparta, Batavus, and Raleigh bikes has started insolvency proceedings.Accell Group is the latest victim of Bikeaggedon: the turmoil created by soaring e-bike demand at the onset of covid, followed by a collapse of the supply chain, and then a period of massive oversupply.Bikemaker Accell starts insolvency proceedings four years after KKR-led buyout[Reuters]Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Thomas Ricker
Maker of Sparta, Batavus, and Raleigh bikes has started insolvency proceedings.
Accell Group is the latest victim of Bikeaggedon: the turmoil created by soaring e-bike demand at the onset of covid, followed by a collapse of the supply chain, and then a period of massive oversupply. [Link: Bikemaker Accell starts insolvency proceedings four years after KKR-led buyout | https://www.reuters.com/legal/transactional/bikemaker-accell-starts-insolvency-proceedings-four-years-after-kkr-led-buyout-2026-08-05/ | Reuters]
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