‘We’ve got an opportunity’ – Lapierre Cycles boss hails court decision that offers a post-Accell lifeline

French manufacturer Lapierre Cycles has found hope for the future following a court hearing in Dijon that opened the company’s receivership.

It comes after Accell Group, which owns the company as well as Raleigh, was declared bankrupt earlier this month.

Lapierre’s directeur general William Perrier wrote about the court hearing in a post on LinkedIn on Tuesday afternoon, saying: “It doesn’t mean everything is settled, nor that Lapierre is saved. It means that we have obtained the right and the time to fight.”