Investment in Kellys with an interest yield of 9.8% p.a.

A short-term investment in one of the largest bicycle manufacturers in Central Europe

You have a unique opportunity to help finance one of Central Europe’s largest bicycle manufacturers. KELLYS, a brand with over 35 years of tradition, is opening its doors to investors. Funding in the form of a loan from Crowdberry investors will help the company secure sufficient working capital (components) for the 2026 season and support sales of the world’s lightest e-bike.

Kellys Bicycles has been manufacturing bicycles since 1991. Today, the company exports to 35 countries, works with more than 1,600 dealers, and generates annual revenue of over 42 million euros—with more than 80% coming from overseas. For the 2026 season, the company has already secured contracts for nearly 60% of its planned sales.

Investors can finance pre-season stocking ahead of the 2026 peak season through a 6-month preferential loan with a yield of 9.8% p.a., secured by inventory and with priority repayment over banks.

Target amount: 1.000.000 EUR (with the possibility of an increase)
Interest yield: 9.8% p.a. (composed of a 7% fixed margin + 12-month EURIBOR)
Maturity: Short-term horizon of 6 months
Minimum investment: 1.000 EUR
Security: a notarial deed, inventory valued at approximately €1.2 million as first-priority collateral, and inventory valued at €36 million as second-priority collateral (together with the banks).
Maturity date: contractually October 31, 2026 (for a minimum of 6 months' interest); expected contractual repayment on September 15, 2026.
Purpose: To finance working capital and stock up on inventory for the 2026 peak season.
Frequency of interest and principal payments: upon maturity
Late payment interest: 1% per month (12% per year)
Credit score: C (LTV 80%)

Are you interested in this investment opportunity? Sign up for the webinar on April 7, 2026, at 4:00 p.m. to learn more.

Register for the webinar

Kellys in numbers

Kellys demonstrates stability and the ability to dominate in challenging international markets:

35 countries around the world: where the brand's production is headed.
80% exports: the vast majority of revenue comes from international trade.
Over 1,600 business partners: a robust distribution network that ensures sales stability.
€49 million: projected revenue for fiscal year 2026.
€2.0–2.5 million: expected operating profitability (EBITDA) in 2026.

Kellys is a Slovak company—but its customers are primarily based abroad. Poland accounts for 37% of revenue, Slovakia for 22%, and the Czech Republic and Germany for 15% each. The company sells through a network of 1,600+ independent dealers in 35 countries, and more than 90% of its revenue comes from B2B channels. Over 100,000 bicycles roll off the production line annually.

The key new feature for the 2026 season is the AMXXPRO e-bike platform—an in-house drive system with a battery capacity of up to 900 Wh and a record-low weight. The THEOS F100 weighs 20.8 kg and outperforms the competition from Specialized, Trek, and KTM. Kellys is not just an assembler of Asian components – in-house frame development and European technology partners give it a competitive edge in a segment where customers are increasingly making decisions based on power-to-weight ratio.

Why invest?

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1914 translation by H. Rackham

"On the other hand, we denounce with righteous indignation and dislike men who are so beguiled and demoralized by the charms of pleasure of the moment, so blinded by desire, that they cannot foresee the pain and trouble that are bound to ensue; and equal blame belongs to those who fail in their duty through weakness of will, which is the same as saying through shrinking from toil and pain. These cases are perfectly simple and easy to distinguish. In a free hour, when our power of choice is untrammelled and when nothing prevents our being able to do what we like best, every pleasure is to be welcomed and every pain avoided. But in certain circumstances and owing to the claims of duty or the obligations of business it will frequently occur that pleasures have to be repudiated and annoyances accepted. The wise man therefore always holds in these matters to this principle of selection: he rejects pleasures to secure other greater pleasures, or else he endures pains to avoid worse pains."

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Check out the factsheet—your guide to investing in Kellys. Don’t make decisions based on emotions, but on data.

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Investment manager review

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga.

At vero eos et accusamus et iusto.

Et harum quidem rerum facilis est et expedita distinctio

Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus.

omnis voluptas assumenda est, omnis dolor repellendus
Temporibus autem quibusdam et aut officiis debitis aut rerum

necessitatibus saepe eveniet ut et voluptates repudiandae sint et molestiae non recusandae. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

1914 translation by H. Rackham

"On the other hand, we denounce with righteous indignation and dislike men who are so beguiled and demoralized by the charms of pleasure of the moment, so blinded by desire, that they cannot foresee the pain and trouble that are bound to ensue; and equal blame belongs to those who fail in their duty through weakness of will, which is the same as saying through shrinking from toil and pain. These cases are perfectly simple and easy to distinguish. In a free hour, when our power of choice is untrammelled and when nothing prevents our being able to do what we like best, every pleasure is to be welcomed and every pain avoided. But in certain circumstances and owing to the claims of duty or the obligations of business it will frequently occur that pleasures have to be repudiated and annoyances accepted. The wise man therefore always holds in these matters to this principle of selection: he rejects pleasures to secure other greater pleasures, or else he endures pains to avoid worse pains."

Register and get access to details

Register

Already have an account? Log in

We are a regulated entity. Campaign details can only be viewed by registered users.

Investment potential of the segment

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga.

At vero eos et accusamus et iusto.

Et harum quidem rerum facilis est et expedita distinctio

Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus.

omnis voluptas assumenda est, omnis dolor repellendus
Temporibus autem quibusdam et aut officiis debitis aut rerum

necessitatibus saepe eveniet ut et voluptates repudiandae sint et molestiae non recusandae. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

1914 translation by H. Rackham

"On the other hand, we denounce with righteous indignation and dislike men who are so beguiled and demoralized by the charms of pleasure of the moment, so blinded by desire, that they cannot foresee the pain and trouble that are bound to ensue; and equal blame belongs to those who fail in their duty through weakness of will, which is the same as saying through shrinking from toil and pain. These cases are perfectly simple and easy to distinguish. In a free hour, when our power of choice is untrammelled and when nothing prevents our being able to do what we like best, every pleasure is to be welcomed and every pain avoided. But in certain circumstances and owing to the claims of duty or the obligations of business it will frequently occur that pleasures have to be repudiated and annoyances accepted. The wise man therefore always holds in these matters to this principle of selection: he rejects pleasures to secure other greater pleasures, or else he endures pains to avoid worse pains."

Register and get access to details

Register

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We are a regulated entity. Campaign details can only be viewed by registered users.

Risks

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga.

At vero eos et accusamus et iusto.

Et harum quidem rerum facilis est et expedita distinctio

Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus.

omnis voluptas assumenda est, omnis dolor repellendus
Temporibus autem quibusdam et aut officiis debitis aut rerum

necessitatibus saepe eveniet ut et voluptates repudiandae sint et molestiae non recusandae. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

1914 translation by H. Rackham

"On the other hand, we denounce with righteous indignation and dislike men who are so beguiled and demoralized by the charms of pleasure of the moment, so blinded by desire, that they cannot foresee the pain and trouble that are bound to ensue; and equal blame belongs to those who fail in their duty through weakness of will, which is the same as saying through shrinking from toil and pain. These cases are perfectly simple and easy to distinguish. In a free hour, when our power of choice is untrammelled and when nothing prevents our being able to do what we like best, every pleasure is to be welcomed and every pain avoided. But in certain circumstances and owing to the claims of duty or the obligations of business it will frequently occur that pleasures have to be repudiated and annoyances accepted. The wise man therefore always holds in these matters to this principle of selection: he rejects pleasures to secure other greater pleasures, or else he endures pains to avoid worse pains."

Register and get access to details

Register

Already have an account? Log in

We are a regulated entity. Campaign details can only be viewed by registered users.

Kellys

Kellys

A short-term investment in one of the largest bicycle manufacturers in Central Europe

Kellys in numbers

Why invest?

Investment manager review

Investment potential of the segment

Risks

Documents