- Accell Group is accused of patent infringement over Raleigh bikes, after the company was unable to find any evidence of wrongdoing.
- Accell UK and Ireland said it had not been able to provide any details about the alleged infringement; it said the matter was confidential, and that the group’s investigation into the case was ongoing.
- Raleigh was founded in 1887 in Nottinghamshire; in 2012, the brand was acquired by Accell, which was later acquired by the company’s parent through a restructuring.
Accell Group is accused of patent infringement over Raleigh bikes, after the company failed to find any evidence of wrongdoing for the production of the bikes.
According to the information provided by the company’s lawyers, Accell UK and Ireland, which is part of the Netherlands-based Accell Group, said it had not been able to provide any details about the alleged infringement. The materials also state that the group’s investigation into the case is ongoing.
Raleigh was founded in 1887 in Nottinghamshire. According to Guardian, the company employed 1m vehicles per year in Nottingham at a factory site, and produced 8,000 bicycles. According to Independent, Raleigh employs fewer than it used to, and employs a total of 8,000 people in Eastwood, Nottinghamshire, the company’s sales of electric bicycles under Accell.
Accell UK said it had been able to acquire Raleigh for $100m (£4m) in 2012. It also said that Accell had been left with the restructuring: the company was unable to provide detailed financial information and the credit ratings for its restructuring.
Accell said in its statement that the company could have been involved in the alleged infringement, but that it did not know what it was, and that it had not been able to verify the alleged infringement. It said that Accell’s investigation into the case is ongoing.
Accell Group CEO Jonas Nilsson said the company was aware of the situation and that it would continue to investigate the matter, as it believes it is important for the company’s future.