German company Endor AG, the company behind the Fanatec brand of sim racing peripherals, has filed for insolvency. Restructuring has failed. Potential buyers are being sought.
Endor AG, known for Fanatec, files for insolvency.Endor
Endor AG (DE0005491666) has filed for insolvency with the Landshut Local Court due to over-indebtedness and inability to pay. The foreign subsidiaries are not affected. The attempt to restructure the company in accordance with the German Stabilisation and Restructuring Act (StaRUG) has failed. Endor sells its products under the Fanatec brand via e-commerce, primarily to end customers in Europe, the USA, Canada, Australia and Japan. According to the latest figures, the company employs 147 people.
Endor AG (DE0005491666) has filed for insolvency with the Landshut Local Court due to over-indebtedness and inability to pay. The foreign subsidiaries are not affected. The attempt to restructure the company in accordance with the German Stabilisation and Restructuring Act (StaRUG) has failed. Endor sells its products under the Fanatec brand via e-commerce, primarily to end customers in Europe, the USA, Canada, Australia and Japan. According to the latest figures, the company employs 147 people.
