Fate of historic bicycle name in hands of administrators after Netherlands-based Accell Group fails to find buyer
The bicycle company that owns the historic Raleigh brand has started insolvency proceedings after failing to find a buyer.
The Netherlands-based Accell Group said on Wednesday it had called in administrators after it failed to find a viable solution to continue its operations in their current form.
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This article was originally published by The Guardian and written by Jasper Jolly.
Read original article on The Guardian