Accell Group clears hurdle for sale to Dutech Group

July 10, 2026

Accell Group, owner of Haibike, Winora, Lapierre, Raleigh, XLC, Ghost and others, has cleared one of a number of hurdles on its path for potential acquisition by Singapore’s Dutech Group.

The German Federal Cartel Office this week OK’d the acquisition which – should the purchase complete – bring a swathe of bike brands under ownership by Dutech. Dutech offers bicycles and eBikes under the brands Prophete, Kreidler, vsf fahrradmanufaktur, Rex, and eBike manufaktur. Accell’s brands include Haibike, GHOST, WINORA, Batavus, SPARTA, KOGA, Lapierre, and Raleigh, as well as cargo bikes under the brands Babboe and Carqon.

It has been confirmed to CIN that the filing with the authorities was a procedural step as Accell is actively involved in an M&A process. A potential business combination has been discussed with Dutech, hence the filings, but there’s not yet an agreement between the parties at this point.

Furthermore, the transaction has to get merger clearance from the Austrian and Polish authorities. CYCLING INDUSTRY NEWS