Clifford Chance

Clifford Chance advising consortium led by KKR on the recommended public offer for Accell Group

Clifford Chance is advising a consortium led by KKR and also consisting of Teslin on the public offer for all of the issued and outstanding ordinary shares in Accell Group.

The offer represents a total consideration of approximately EUR 1.56 billion.

Accell Group is the European market leader in e‐bikes and second largest in bicycle parts and accessories, with numerous leading European bicycle brands under one roof, including Haibike, Winora, Ghost, Batavus, Koga, Lapierre, Raleigh, Sparta, Babboe and Carqon.  Accell Group employs approximately 3,100 people across 15 countries.

The Clifford Chance deal team is led by Jan-Hendrik Horsmeier and Stephanie Horowitz.