Accell Group completes acquisition of Seattle Bike Supply
Heerenveen, 1 March 2006 – Accell Group N.V. has completed the acquisition of all outstanding shares in Seattle Bike Supply Inc. (SBS; Seattle, USA). The acquisition was announced at the beginning of February. The transaction is financed from Accell Group’s own resources. SBS is expected to contribute to the earnings per share of Accell Group in 2006. Consolidation will take place as of 1 March 2006.