Accell Group acquires Bäumker & Co - BikeBiz

Accell Group acquires Bäumker & Co

Profitable German distributor takeover takes Accell Distributor tally to two
Author:
Publish date:
183_Picture 2.jpg

The Accell Group has aquired German distribution company Bäumker & Co.

The takeover of the profitable business now means Accell has two successful distributor acquisitions sat within its portfolio - the other being American firm Seattle Bike Supply. The purchase was particularly attractive to Accell as Baumker handled Accell owned brand Batavus.

Baumker's buyout will be financed via Accell's own resources and it is believed the current manager of the firm is to stay on board. It has yet to be confirmed whether the company's 35 employees will hold their roles.

“Bäumker is a strong player in the market for bicycles and bicycle parts in Nordrhein-Westfalen. Through acquiring its distributor, Batavus will be able to—besides the existing sales of Bäumker—expand its commercial activities in Germany that are complementary to Accell Group’s existing sales channels. This also offers more opportunities for the sale of E-bikes,” said René Takens, chief executive officer of Accell Group.

Featured Jobs

cycles service promo

Shop Manager/ Head Mechanic

Cycleservice Limited I Sidmouth, East Devon I Salary: £22,000 Plus Share Incentives Available I Date Published Wednesday 30th May 2018

Giant St Paul Logo

Bike Fitter / Sales Person

Giant St Pauls I City of London I Salary: Negotiable Dependent on Experience I Date Published Thursday 21st June 2018

Sigma-Sports

Social Media Executive

Sigma Sports I Hampton Wick, Surrey I £22,000 to £24,000 per year I Date Published Monday 4th June 2018