Dutch e-bike maker files for court protection from creditors

Dutch e-bike maker Stella has filed for court protection from creditors because it can no longer meet its financial obligations, the Financieele Dagblad has reported. DMEP, the investment firm behind the brand, says it is “no longer responsible” to put more money into the company, the FD said. Stella was founded in 2011 and grew into one of the best-known e-bike brands in the Netherlands. It has 48 outlets in the Netherlands and Belgium and a workforce of some 440....