
Owner of 139-year-old bikemaker Raleigh files for insolvency
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Summary
Owner of 139-year-old bikemaker Raleigh files for insolvency. The company behind Nottinghamshir e-based bikemaker Raleigh, which was founded 139 years ago, has filed to appoint administrators. The Duke of York (later to become George VI) watching the assembling of bicycles at the Raleigh factory in Nottingham (Archive/PA) PA Archive Raleigh was founded in Nottingham in 1887 and was well-known for its Chopper model which featured extended handlebars and is now part of its “retro” range.
Furthermore, Accell UK and Ireland , part of Netherlands-based Accell Group, filed a notice of intention to appoint administrators as the wider group kickstarted insolvency proceedings. Accell said it had since “explored every possible avenue” for its future including discussions with potential buyers, but that it had not been possible to find a solution which means the business can continue operating.
Cross-referenced from 4 sources.
Factual coreconfirmed by several independent voices
Owner of 139-year-old bikemaker Raleigh files for insolvency.
reliability low1/4 sourcesThe company behind Nottinghamshir e-based bikemaker Raleigh, which was founded 139 years ago, has filed to appoint administrators.
reliability low1/2 sourcesThe Duke of York (later to become George VI) watching the assembling of bicycles at the Raleigh factory in Nottingham (Archive/PA) PA Archive Raleigh was founded in Nottingham in 1887 and was well-known for its Chopper model which featured extended handlebars and is now part of its “retro” range.
reliability low1/2 sourcesAccell UK and Ireland , part of Netherlands-based Accell Group, filed a notice of intention to appoint administrators as the wider group kickstarted insolvency proceedings.
reliability low1/2 sourcesAccell said it had since “explored every possible avenue” for its future including discussions with potential buyers, but that it had not been possible to find a solution which means the business can continue operating.
reliability low1/2 sources
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The company bought Raleigh in 2012 for around 100 million US dollars (£74 million), adding to its roster of bike brands throughout Europe…
omitted byCentercovered byLeft sideRight sideThe company behind Nottinghamshir e-based bikemaker Raleigh, which was founded 139 years ago, has filed to appoint administrators.
omitted byCentercovered byLeft sideRight sideThe Duke of York (later to become George VI) watching the assembling of bicycles at the Raleigh factory in Nottingham (Archive/PA) PA…
omitted byCentercovered byLeft sideRight sideAccell UK and Ireland , part of Netherlands-based Accell Group, filed a notice of intention to appoint administrators as the wider group…
omitted byCentercovered byLeft sideRight sideAccell said it had since “explored every possible avenue” for its future including discussions with potential buyers, but that it had not…
omitted byCentercovered byLeft sideRight side
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