Redundancies will affect Accell Group's Netherlands-based workforce, with two facilities to merge and some production relocated to Hungary and Turkey Redundancies expected to affect Accell Group's Netherlands workforce, with two facilities to merge and some production relocated. Read more...
HEERENVEEN, Netherlands (BRAIN) — Accell Group plans to combine its two manufacturing facilities here and move a portion of production to other European sites, leading to a workforce reduction of 100 to 150 jobs.
Bicycle manufacturing firm Accell Group, known for brands such as Batavus, Sparta, Raleigh and Babboe, will cut 100 to 150 jobs in Heerenveen, because the company is moving part of its production to factories in Hungary and Turkey. In the Friesland city, Accell’s two existing factories will be merged, resulting in job losses. The company informed its employees about the reorganization plans on Tuesday morning. Consultations are still ongoing about advice from the works council and also with the labor unions.
WALDSASSEN, Germany (BRAIN) — Accell Group no longer will manufacture Ghost Bikes in Germany, with the brand's production being integrated into Accell's European manufacturing network.The company blamed the factory closure on a challenging market. The factory employed 120 workers. Where the bikes will be manufactured was not announced."This will allow the business to better
Heerenveen, the Netherlands – Accell Group, a leading European manufacturer of bicycles, bicycle parts and accessories, is pleased to announce the appointment of Tjeerd Jegen as CEO and Chair of the Management Board. Starting 1 November 2023, Tjeerd will succeed Juan de Ochoa, who has been interim CEO and Chair of the Management Board since the beginning of the year. Accell
German textile discounter Takko Fashion achieved the highest sales in its history last financial year and says it is ready to further accelerate growth.
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Last year,
Hema suffered a loss of 214.8 million euros, while turnover also decreased. The main villain: the coronavirus. However, the takeover saga also proved to be an issue. A new management team is now ready to take the lead.
Recapitalisation and Covid costs
Department store chain Hema had a particularly turbulent 2020. Not only did the company have to deal with the Covid crisis, but 2020 was also the year in which owner Marcel Boekhoorn was dismissed by the creditors and a difficult takeover battle broke out regarding the Dutch icon. Eventually, the chain came into the hands of investor group Parcom and family Van Eerd, the owners of Jumbo, but that rescue came at a cost.