Report
Hugo Lisboa ...
  • Martijn Den Drijver

Accell Group : Shareholders pay attention: the EGM is not a rubber stamp event yet

>Attendance and voting at EGM critical, especially in relation to the triangular merger resolution - Although slim, there is still a chance that investors can ‘force’ KKR/Teslin to raise their offer for Accell as investors can block the adoption of the triangular merger, possibly resulting in Accell remaining listed, a highly undesirable outcome for KKR/Teslin. The articles of association of Accell state that all resolutions at the general meeting are adopted by...
Underlying
Accell Group N.V.

Accell Group NV is a holding company active in the bicycle market, based in the Netherlands. The Company and its subsidiaries divides its business into two segments: bicycle & bicycle parts, active in the design, development, production, marketing and sales of bicycles, bicycle parts and accessories; and fitness, providing fitness equipment for home market. It offers bicycles under the Batavus, Carraro, Ghost, Haibike, Koga, Lapierre, Loekie, Nishiki, Sparta, Staiger, Torker Bicycles, Tunturi, Van Nicholas, Winora, XLC and Raleigh brands, which are sold via specialist bicycle retailers, as well as bicycle parts under the Juncker and E. Wiener Bike Parts brands, and fitness equipment under the Tunturi brand. The Company's main markets are the Netherlands, Germany, North America, and European countries. The Company has production facilities in the Netherlands, Germany, France, Hungary, Turkey and China. It operates through over 20 wholly owned subsidiaries.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Hugo Lisboa

Martijn Den Drijver

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