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Raleigh

Full company profile

uuid0035b9u

Namestring
Raleigh
Legal namestring
Raleigh Bikes (operated by Canadian Tire Corporation, Limited)
Company typeenum
Private
Founded yearint
1885
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersToronto, Canada
HQ citystring
Toronto
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
electric bicycles, mountain bikes, kids bicycles, bike accessories, commuter bicycles
Industry5 codes
1Bicycle Retail (New Bikes)
CodeCRAMAHAAPrimaryYes
2Cycling & Bike Retail (Sales, Service & Accessories)
CodeCRAMABAHPrimaryNo
3Bike Apparel, Helmets & Protective Gear Retail
CodeCRAMAHACPrimaryNo
4Bike Accessories Retail (Lights, Locks, Racks, Bags)
CodeCRAMAHADPrimaryNo
5Kids’ & Family Bike Retail (Youth, Trailers, Seats)
CodeCRAMAHAGPrimaryNo
NAICS code2 codes
  • Motorcycle, Bicycle, and Parts Manufacturing336991
  • Sporting Goods Retailers45911
SIC code1 code
  • Motorcycles, Bicycles & Parts3751
Product category
Bicycle Manufacturing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Bicycle Sales
TypeHardware Sales
Description

Sale of traditional and electric bicycles across multiple categories including kids, mountain, hybrid, path/pavement, and comfort bikes. Revenue generated from retail transactions through Canadian Tire stores and online channels.

raleigh-canada.ca
2Accessories and Spare Parts
TypeHardware Sales
Description

Sale of bicycle accessories including helmets, gloves, locks, pumps, bags, spare parts, trailers, and bike bells. Revenue from individual component and accessory purchases.

raleigh-canada.ca
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Pricing details6 tiers
1Electric Bikes - $2,199.99 CAD
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Raleigh Getaway electric bikes for men and women priced at $2,199.99 CAD featuring Bafang mid-drive motors, Samsung batteries, and Shimano drivetrains

fr.raleigh-canada.ca
2Electric Bikes - Dobson Series
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Dobson electric bikes featuring hub-drive motors, integrated batteries, and comfort-focused design

raleigh-canada.ca
3Kids Bikes - $274.99 CAD
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Raleigh Leap kids balance bikes priced at $274.99 CAD with learning features

raleigh-canada.ca
4Mountain Bikes - $549.99 CAD
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Huck dual-suspension mountain bike priced at $549.99 CAD with 21-speed Shimano drivetrain

fr.raleigh-canada.ca
5Accessories - $10.99 to $49.99 CAD
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Gloves range from $19.99 to $29.99 CAD, floor pumps at $49.99 CAD, spoke wrenches at $10.99 CAD, chain tools at $13.99 CAD

raleigh-canada.ca
6Raleigh One E-bike - £2,399/€2,699
ModelSubscriptionBilling cadenceMonthly
Notes

Commuter e-bike at £2,399/€2,699 (~$3,000 USD) with subscription tiers starting at £6.99/€7.99 per month. Developed with VanMoof DNA for UK, Germany, and Netherlands markets.

theverge.com
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Raleigh manufactures and distributes a broad portfolio of bicycles including electric, mountain, hybrid, path/pavement, comfort/cruiser, city, and kids bikes, alongside cycling accessories and spare parts (helmets, gloves, locks, pumps, bags, mirrors, bells, chain tools, spoke wrenches). The brand leverages 135+ years of cycling heritage and is sold through Canadian Tire's retail and e-commerce channels in Canada.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Raleigh Chopper sold 1.5 million units
+1 more record
Product overview1 text field

Raleigh is a bicycle company with over 135 years of history originating from Nottingham, England. The Canadian market operations are owned by Accell Group and distributed exclusively through Canadian Tire. The product portfolio spans multiple categories including electric bikes (Delta, Getaway, Dobson), mountain bikes (Huck, Attack, Peak, Ridge), hybrid bikes (Knox, Encounter), city bikes (Entourage), and kids bikes (Leap, Goat). Accessories include helmets, gloves, locks, pumps, bells, mirrors, water bottles, and spare parts. The company was acquired by Accell Group in 2012, and Canadian Tire acquired exclusive Canadian distribution rights in 2019, with the brand relaunching in Canada in March 2021.

Product and service1 record
1Delta Electric Bike (27.5")
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2025-06-01
Description

Former VanMoof team members including cofounders Ties and Taco Carlier contributed to the development of the Raleigh One e-bike. The collaboration brought VanMoof's connected bike technology and design expertise to the Raleigh brand, though the announcement did not publicly acknowledge their role. The bike features VanMoof-influenced design with removable 360Wh battery and single-speed belt drive.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2019-01-01
Description

Canadian Tire acquired exclusive rights to the Raleigh brand for production and distribution in Canada in 2019. The partnership revived Raleigh's global heritage among loyal Canadian riders, with products sold through Canadian Tire stores and online platforms. Raleigh operates as part of the Canadian Tire family of companies.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2012-01-01
Description

Accell Group, a Netherlands-based bicycle company with a portfolio of eighteen brands, acquired Raleigh in 2012. Accell utilized their R&D capabilities to elevate Raleigh bikes and expand internationally. Following KKR's acquisition and subsequent restructuring, Accell's remaining portfolio includes Raleigh, Lapierre, and Ghost under new lender ownership.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

World's largest bicycle manufacturer by volume, producing road, mountain, e-bikes, and lifestyle bikes with global distribution. Closest comparable by scale, breadth, and brand positioning across multiple bike categories.

TypeEmerging player
Description

Pioneering connected e-bike brand whose cofounders contributed to the Raleigh One development. Direct comparable in connected commuter e-bike space, with subscription pilots that Raleigh is now extending as part of its own product strategy.

TypeEmerging player
Description

Belgium-based connected e-bike startup targeting urban commuters with subscription, app-linked, and anti-theft features. Comparable to Raleigh's Raleigh One strategy as a modern, technology-forward e-bike entrant shaping consumer expectations in the urban commuter segment.

TypeDirect peer
Description

Canadian bicycle manufacturer headquartered in British Columbia producing mountain, road, hybrid, and kids bikes. Most direct geographic and product-line peer to Raleigh Canada, sharing the Canadian market and similar category strategy.

TypeDirect peer
Description

Heritage bicycle brand (founded 1987) producing mountain, road, commuter, and kids bikes with global distribution. Comparable to Raleigh as a long-established multi-category brand with similar price positioning and dealer-network go-to-market.

TypeDirect peer
Description

Quebec-based Canadian bicycle brand producing mountain, road, hybrid, and electric bikes. Highly comparable to Raleigh as a Canadian heritage brand distributed through national retail with full product-line breadth.

TypeEmerging player
Description

Leading direct-to-consumer electric bike specialist in North America focused on commuter, cargo, and utility e-bikes. Comparable to Raleigh's e-bike segment as a disruptive specialist targeting similar commuter and recreation use cases.

TypeDirect peer
Description

One of the world's largest bicycle manufacturers producing road, mountain, electric, and kids bikes globally with extensive dealer networks. Directly comparable to Raleigh across product categories, brand heritage, and full-spectrum cycle retail strategy.

TypeDirect peer
Description

Premium U.S. bicycle and e-bike manufacturer with strong R&D and proprietary motor/battery technology (Specialized SL). Competes head-to-head with Raleigh in road, mountain, electric, and kids categories with global distribution.

TypeDirect peer
Description

Major premium bicycle brand owned by Pon Holdings, producing road, mountain, gravel, and e-bikes. Directly comparable as a multi-category legacy cycling brand with similar global retail distribution model.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Raleigh

Bicycle Manufacturingraleigh-canada.ca

Raleigh firmographics

Firmographics
Name
Raleigh
Legal name
Raleigh Bikes (operated by Canadian Tire Corporation, Limited)
Website
https://raleigh-canada.ca
Company type
Private
Founded year
1885
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Raleigh industry classification

Industry
Product category
Bicycle Manufacturing
NAICS
Motorcycle, Bicycle, and Parts Manufacturing (336991), Sporting Goods Retailers (45911)
SIC
Motorcycles, Bicycles & Parts (3751)
akta.pro primary industry
Bicycle Retail (New Bikes) (CRAMAHAA)
akta.pro secondary industries
Cycling & Bike Retail (Sales, Service & Accessories) (CRAMABAH), Bike Apparel, Helmets & Protective Gear Retail (CRAMAHAC), Bike Accessories Retail (Lights, Locks, Racks, Bags) (CRAMAHAD), Kids’ & Family Bike Retail (Youth, Trailers, Seats) (CRAMAHAG)

Keywords

  • Electric bicycles
  • Mountain bikes
  • Kids bicycles
  • Bike accessories
  • Commuter bicycles

Where Raleigh is headquartered

Location

Headquarters

HQ city
Toronto
HQ country
Canada
HQ region
North America

Offices2 records

Markets served

Raleigh business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Bicycle Sales: Sale of traditional and electric bicycles across multiple categories including kids, mountain, hybrid, path/pavement, and comfort bikes. Revenue generated from retail transactions through Canadian Tire stores and online channels.
  2. Accessories and Spare Parts: Sale of bicycle accessories including helmets, gloves, locks, pumps, bags, spare parts, trailers, and bike bells. Revenue from individual component and accessory purchases.

Pricing tiers

ModelBillingPrice
One time/ perpetual licensePay-as-you-goElectric Bikes - $2,199.99 CAD
One time/ perpetual licensePay-as-you-goElectric Bikes - Dobson Series
One time/ perpetual licensePay-as-you-goKids Bikes - $274.99 CAD
One time/ perpetual licensePay-as-you-goMountain Bikes - $549.99 CAD
Unit PricingPay-as-you-goAccessories - $10.99 to $49.99 CAD
SubscriptionMonthlyRaleigh One E-bike - £2,399/€2,699

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Raleigh product offering

Product offering

Core offering

Raleigh manufactures and distributes a broad portfolio of bicycles including electric, mountain, hybrid, path/pavement, comfort/cruiser, city, and kids bikes, alongside cycling accessories and spare parts (helmets, gloves, locks, pumps, bags, mirrors, bells, chain tools, spoke wrenches). The brand leverages 135+ years of cycling heritage and is sold through Canadian Tire's retail and e-commerce channels in Canada.

Product overview

Raleigh is a bicycle company with over 135 years of history originating from Nottingham, England. The Canadian market operations are owned by Accell Group and distributed exclusively through Canadian Tire. The product portfolio spans multiple categories including electric bikes (Delta, Getaway, Dobson), mountain bikes (Huck, Attack, Peak, Ridge), hybrid bikes (Knox, Encounter), city bikes (Entourage), and kids bikes (Leap, Goat). Accessories include helmets, gloves, locks, pumps, bells, mirrors, water bottles, and spare parts. The company was acquired by Accell Group in 2012, and Canadian Tire acquired exclusive Canadian distribution rights in 2019, with the brand relaunching in Canada in March 2021.

Differentiator

Problem solved

Functional benefit

Products and services

  • Delta Electric Bike (27.5")

Quantifiable outcome

  • Raleigh Chopper sold 1.5 million units
  • +1 more outcomes

Companies that use Raleigh

Customer profile

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Raleigh technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Raleigh partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered minor and core.

  • VanMoof Cofounders (Ties and Taco Carlier)minorStrategic or Co-development Partner · 1 June 2025Former VanMoof team members including cofounders Ties and Taco Carlier contributed to the development of the Raleigh One e-bike. The collaboration brought VanMoof's connected bike technology and design expertise to the Raleigh brand, though the announcement did not publicly acknowledge their role. The bike features VanMoof-influenced design with removable 360Wh battery and single-speed belt drive.
  • Canadian Tire CorporationcoreChannel Partner/ Reseller/ Distributor · 1 January 2019Canadian Tire acquired exclusive rights to the Raleigh brand for production and distribution in Canada in 2019. The partnership revived Raleigh's global heritage among loyal Canadian riders, with products sold through Canadian Tire stores and online platforms. Raleigh operates as part of the Canadian Tire family of companies.
  • Accell GroupcoreChannel Partner/ Reseller/ Distributor · 1 January 2012Accell Group, a Netherlands-based bicycle company with a portfolio of eighteen brands, acquired Raleigh in 2012. Accell utilized their R&D capabilities to elevate Raleigh bikes and expand internationally. Following KKR's acquisition and subsequent restructuring, Accell's remaining portfolio includes Raleigh, Lapierre, and Ghost under new lender ownership.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Raleigh competitors and assessment

Company assessment

Direct peers

  • Giant Bicycles: World's largest bicycle manufacturer by volume, producing road, mountain, e-bikes, and lifestyle bikes with global distribution. Closest comparable by scale, breadth, and brand positioning across multiple bike categories.
  • Norco Bicycles: Canadian bicycle manufacturer headquartered in British Columbia producing mountain, road, hybrid, and kids bikes. Most direct geographic and product-line peer to Raleigh Canada, sharing the Canadian market and similar category strategy.
  • Kona Bikes: Heritage bicycle brand (founded 1987) producing mountain, road, commuter, and kids bikes with global distribution. Comparable to Raleigh as a long-established multi-category brand with similar price positioning and dealer-network go-to-market.
  • Devinci Cycles: Quebec-based Canadian bicycle brand producing mountain, road, hybrid, and electric bikes. Highly comparable to Raleigh as a Canadian heritage brand distributed through national retail with full product-line breadth.
  • Trek Bicycle Corporation: One of the world's largest bicycle manufacturers producing road, mountain, electric, and kids bikes globally with extensive dealer networks. Directly comparable to Raleigh across product categories, brand heritage, and full-spectrum cycle retail strategy.
  • Specialized Bicycle Components: Premium U.S. bicycle and e-bike manufacturer with strong R&D and proprietary motor/battery technology (Specialized SL). Competes head-to-head with Raleigh in road, mountain, electric, and kids categories with global distribution.
  • Cannondale (Cycling Sports Group): Major premium bicycle brand owned by Pon Holdings, producing road, mountain, gravel, and e-bikes. Directly comparable as a multi-category legacy cycling brand with similar global retail distribution model.

Emerging players

  • VanMoof: Pioneering connected e-bike brand whose cofounders contributed to the Raleigh One development. Direct comparable in connected commuter e-bike space, with subscription pilots that Raleigh is now extending as part of its own product strategy.
  • Cowboy: Belgium-based connected e-bike startup targeting urban commuters with subscription, app-linked, and anti-theft features. Comparable to Raleigh's Raleigh One strategy as a modern, technology-forward e-bike entrant shaping consumer expectations in the urban commuter segment.
  • Rad Power Bikes: Leading direct-to-consumer electric bike specialist in North America focused on commuter, cargo, and utility e-bikes. Comparable to Raleigh's e-bike segment as a disruptive specialist targeting similar commuter and recreation use cases.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Raleigh social profiles

Digital presence

Raleigh financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Raleigh leadership team

Management profile

Number of profiles

Raleigh funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Raleigh M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raleigh

What does Raleigh do?

Raleigh manufactures and distributes a broad portfolio of bicycles including electric, mountain, hybrid, path/pavement, comfort/cruiser, city, and kids bikes, alongside cycling accessories and spare parts (helmets, gloves, locks, pumps, bags, mirrors, bells, chain tools, spoke wrenches). The brand leverages 135+ years of cycling heritage and is sold through Canadian Tire's retail and e-commerce channels in Canada.

Is Raleigh a public or private company?

Raleigh is a private company. It is classified as corporate owned and is currently operating.

When was Raleigh founded?

Raleigh was founded in 1885. It employs 11 to 50 people.

Where is Raleigh based?

Raleigh is headquartered in Toronto, Canada, in the North America region.

How does Raleigh make money?

Two revenue lines are on record. Bicycle Sales are the primary driver. The others are accessories and Spare Parts.

Who are Raleigh's main competitors?

Direct peers on record are Giant Bicycles, Norco Bicycles, Kona Bikes, Devinci Cycles, Trek Bicycle Corporation, Specialized Bicycle Components and Cannondale (Cycling Sports Group). Emerging players are VanMoof, Cowboy and Rad Power Bikes.

Does Raleigh have an API?

No public API is recorded for Raleigh.

What industry is Raleigh in?

Raleigh's product category is Bicycle Manufacturing. Its primary akta.pro industry code is CRAMAHAA, Bicycle Retail (New Bikes), with a secondary code of CRAMABAH, Cycling & Bike Retail (Sales, Service & Accessories). Its NAICS code is 336991 and its SIC code is 3751.

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Live signals
AOL.comGovernment urged to 'salvage' Raleigh's nameThe Broxtowe Borough Council plans to request the UK government to acquire the historic Raleigh bicycle brand, currently under administration after Accell UK & Ireland appointed administrators. This comes amid financial struggles for the once-prominent company, which saw significant layoffs and reported losses of £30 million in recent years. The council seeks ways to revitalize the brand and its manufacturing presence in Nottinghamshire.RTE.ieTired brand: Raleigh the latest big name to hit the skidsAccell Group, the parent company of bicycle brand Raleigh, has filed for insolvency, casting doubt on the future of the iconic manufacturer after years of declining market share and reputation. While Raleigh's specific business faces potential collapse or acquisition, the article contextualizes this event within broader industry trends of brand decline and restructuring affecting companies like Hoover, Kodak, and various automotive and fashion labels.BBC'You could smell someone' who worked at RaleighAccell Group, the Dutch parent company of historic British bicycle manufacturer Raleigh, has filed for insolvency proceedings, potentially marking the end of one of Nottingham's most prestigious manufacturing names. Once one of the city's largest employers with 8,000 staff alongside Boots and Players cigarettes, Raleigh faced decline when its steel bicycles could not compete with cheaper aluminium imports from the Far East. The article collects personal testimonies from former employees and bike owners reflecting on the company's social significance and community impact over decades.The GuardianRaleigh bike brand faces chop after owner begins insolvency proceedingsAccell Group, the Netherlands-based parent company of the historic Raleigh bicycle brand, has begun insolvency proceedings after failing to find a viable buyer, with administrators now determining the fate of the 137-year-old brand. KKR acquired Accell in a €1.4bn leveraged buyout in 2022 at the height of pandemic bike demand, but was forced to hand the business over to creditors in February; subsequent takeover talks with Singapore-based Tri Star Group also collapsed. Raleigh, once the world's largest bike manufacturer making 1m bicycles annually at its Nottingham factory, lost market share over decades against Chinese competition and stopped UK production in 2002.Express.co.ukOwner of iconic 139-year-old UK bike maker files for insolvencyAccell UK and Ireland, part of Netherlands-based Accell Group, has filed a notice of intention to appoint administrators as the wider group initiated insolvency proceedings in the Netherlands. The company, which owns iconic British bike maker Raleigh founded in 1887, was acquired by Accell in 2012 for around $100 million (£74 million) but has struggled despite prior restructuring efforts in February 2024. Accell's chief executive Jonas Nilsson described the situation as "deeply sad and frustrating" after exhausting all options to preserve the cycling business.BBCRaleigh's parent company starts insolvency proceedingsAccell, the Dutch parent company of iconic Nottingham bicycle manufacturer Raleigh, has begun insolvency proceedings after exhausting all options to meet its financial obligations. Raleigh, which was acquired by Accell for $100m in 2012, had previously undergone redundancies in 2024 and reported losses of £30m in accounts released the following year. CEO Jonas Nilsson described the situation as deeply sad and frustrating, with the company now working with court-appointed administrators to preserve viable operations and employment.MartincidKKR’s €1.8bn Cycling Bet Ends in Insolvency, Leaving Raleigh and Babboe AdriftKKR's investment in Accell Group, which owns bicycle brands Raleigh and Babboe, has ended in insolvency after four challenging years following a €1.8bn take-private deal. Accell's failure was driven by severe market corrections in the e-bike sector, exacerbated by oversupply and falling consumer spending across Europe, leaving its brands in uncertainty regarding future operations. The situation underscores the vulnerabilities in private equity investments in traditional manufacturing sectors.InsidermediaRaleigh owner starts insolvency proceedings - “deeply sad and frustrating situation”The parent group of historic bike brand Raleigh, Accell, has started insolvency proceedings after being unable to meet its financial obligations. The company and its advisers explored every possible avenue including discussions with several interested parties, consideration of multiple offers, and seeking regulatory approval for a potential merger, but none resulted in a viable solution. Raleigh, established in Nottingham over 135 years ago, was acquired by Dutch Accell Group for over $100 million in 2012.AInvestAccell Didn't Break Because of Bikes. It Broke Because of Math.Accell Group, Europe's largest e-bike maker, underwent two debt restructurings within 18 months after KKR acquired the company in August 2022 for approximately €1.56 billion and loaded roughly €1.4 billion of debt onto it. Following the second restructuring completed in early 2026, KKR stepped out and lenders took ownership, with Accell subsequently selling off brands including Van Nicholas and Nishiki to focus on core European brands. The article argues the failure stemmed from excessive leverage rather than weak e-bike demand, positioning the remaining portfolio of Raleigh, Lapierre, and Ghost as a test of whether the business model can sustain itself under new ownership.BikeBizRaleigh ONE gets new step-through option for urban ridersRaleigh has launched the Raleigh ONE Step Through (ST), a new variant of its connected e-bike featuring a step-through aluminium frame designed to make city riding more accessible to a wider range of riders. The new model includes a Mivice 35nm rear hub motor, a 360Wh removable battery, integrated lighting, and comes with tiered connected rider membership options ranging from free Base to paid Core and Icon tiers. The bike is priced at €2399/£2099 and will roll out across the Netherlands in June, the rest of the EU in July, and the UK in July.