M&A Deal Summary

Accell Group Acquires Comet S.L.

On August 25, 2014, Accell Group acquired automotive company Comet S.L.

Acquisition Highlights
  • This is Accell Group’s 1st transaction in the Automotive sector.
  • This is Accell Group’s 1st transaction in Spain.

M&A Deal Summary

Date 2014-08-25
Target Comet S.L.
Sector Automotive
Buyer(s) Accell Group
Deal Type Add-on Acquisition

Target

Comet S.L.

Urnieta, Spain
Comet S.L. is a selling parts and accessories of bicycles.

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Buyer(S) 1

Buyer

Accell Group

Heerenveen, Netherlands

Category Company
Sector Consumer Products
Employees3,100
Revenue 1.3B EUR (2020)
DESCRIPTION

Accell Group is an entity which owns several European bicycle manufacturers. In addition to producing bikes, the Accell Group is also involved in the production of fitness equipment and other consumer products. Accell Group is based in Heerenveen, Netherlands.


DEAL STATS #
Overall 6 of 6
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
Country: Spain M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-31 German Hercules - Accell Group

Heerenveen, Netherlands

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-07 Accell Group North America

Kent, Washington, United States

Accell Group North America consists of the global registrations of the brands Diamondback, Redline and IZIP. The Company also provides a US distribution partnership for the international Accell brands Raleigh, Haibike and Ghost. Accell Group North America is based in Kent, Washington.

Sell -