Re: AX Lightness Vial EVO
Posted: Mon Aug 24, 2015 9:35 pm
Ax has closed?!?
Alright, who's going to step up the plate to recapitalize AX Lightness? BTW, I suppose any recapitalization is subject to possible decapitalization due to legal liabilities associated with defective forks, or whatever.ax-lightness in search of investors after filing for insolvency
Business activities are being continued in their entirety. wrote:On the strength of the unique high-tech products and the excellent market position a permanent recapitalization is targeted."
ax-lightness GmbH, which was established in 2002 and is based in the Upper Franconian town of Creußen, is a high-tech manufactory specialized in ultralight carbon products for cycling and motorsports applications. The company produces to 100 % at its headquarters in Bavaria and thus represents the only full-range bike supplier with production in Germany. The company unites design, construction and development up to production, sales and marketing under one roof. ax-lightness currently employs 33 full-time staff members.
Particularly ax-lightness‘ cycling sector is successful and profitable already for years. Annual growth rates of up to 60 % as well as frequent tests wins and Eurobike’s Gold Award testify the market position. The latest innovative product developments for the cycling sector are imminent for a market launch for model year 2016.
On July 21st, 2015 ax-lightness GmbH nevertheless felt impelled to file the opening of insolvency proceedings. This step has become necessary due to the unannounced discontinuation of a major customer in the motorsports sector as well as the payment default of an OEM customer.
Business activities are continued in their entirety under the provisional receivership. The Local Court of Bayreuth has been summoning Dr. Kai Christian Uhr as preliminiary insolvency administrator. On the strength of the unique high-tech products and the excellent market position a permanent recapitalization is targeted. For this purpose interviews with investors are being prepared with multiple companies already having shown their interest.
All employees stand cohesively behind the company. We ask all suppliers, journalists and customers to remain loyal to the company.
idinfo68 wrote:Just silver, normal paint.
No transport in a car.
"You know, it looks like your lower pulley wheel has been slammed against the chainstay?" >> No possible, 2cm too far
"could be from debris on the road. i've hit a few things that flip up and hit my frame....with no damage. could be from that." >> the hole is too big or long for this kind of damage
I'll send pictures to Ax to see what they can do...