Business & Finance

Sale of Batavus, KOGA and Babboe to Dutech

The curators of bankrupt bicycle manufacturer Accell sold the rights to the Dutch bicycle brands Batavus, KOGA and Babboe to Dutech Holdings, described as a Singaporean investment company. Accell’s IT platform and its Hungarian operations are also part of the sale. Part of the workforce may transfer to the new owner.