Corporate Finance #insolvency#bankruptcy
Raleigh Parent Accell Starts Insolvency Proceedings, CEO Says All Options Exhausted
Accell, the Netherlands-based owner of Raleigh, has initiated insolvency proceedings after saying it exhausted all options and could not meet its financial obligations. The company reported £30m losses and 2024 redundancies. CEO Jonas Nilsson called the situation deeply sad and frustrating.
Aug 6, 2026 1 source