Google translation, not very good but you get the idea
Franke & Heidecke is insolvent
of Editorial photo scala On Monday 02 March 2009 - 17:57
Bad news from Brunswick: Franke & Heidecke GmbH, recently by Hans R. Schmid Beteiligungs GmbH, has declared bankruptcy - because of financial and other contaminated sites:
Franke & Heidecke agrees with this:
Franke & Heidecke declares insolvency
Franke & Heidecke GmbH, Precision & Optical, headquartered in Brunswick has declared insolvency.
The Hans R. Schmid Beteiligungs GmbH, Offenburg, had in September 2008 a majority of the company involved. For the majority shareholder Hans R. Schmid, an avowed follower of the products of the house, his commitment as a "heart issue" had said, there was no longer an alternative as to insolvency.
Although at the time of the takeover it was clear that a successful rehabilitation with significant effort would be, Schmid took the job and acted decisively: Additional specialists were recruited, the weaknesses in the company and millions of rays including manufacturing and quality assurance invested.
These measures succeeded in quickly to make progress, however, were the massive failures of the past, not in the required time to remove. When finally - the new shareholders at the time of the takeover is not known - financial and other contaminated sites were revealed, it became clear that a self-remediation, using millions of other amounts to be consulted. This even more than was added that negotiations with key business partners, banks, and the attempt to obtain public funds, also failed.
The new shareholders had until the last several times, and despite significant loss risk additional funds invested into the company and gave the society and the hope of receiving the 131 jobs so long alive. Now was the bankruptcy no longer be avoided. Schmid has invested a 2-digit million amount.
Brunswick, 27 February 2009
What now with Franke & Heidecke, but also with the cameras Hy6 Sinar and Leaf Afi (Franke & Heidecke prouzierte the case for both) happens, we try to know.