Accell Group Buys the Rest of Velosophy
The Dutch company sells e-cargo bikes under the Babboe, CarQon and Centaur Cargo brands in 22 countries, both for consumer use and also for last mile delivery services. It had €17.7 million ($20.0 mm) in revenue last year and will be immediately accretive to Accell’s bottom line. Accell, which has held a 35% stake in ... Log in to view full article.