Proceedings commenced by the Commission to determine the applicant's bankruptcy status.
Kleber Formen-und Werkzeugbau, a company based in Eslarn, Germany, has filed for insolvency with the Amtsgericht (local court) in Weiden on June 30, 2025. This critical turning point threatens the continuation of the firm, which was founded in 1987 and currently employs around 40 people.
The economic downturn and the loss of major customers have contributed to the company's financial difficulties, placing it in a precarious position. The goal is to find a buyer who can continue the company's operations and secure jobs for the employees.
AMDY, the company's administrator, will evaluate the offers received and decide on the best course of action. Several offers have been made, but no specific details about potential buyers or active negotiations have been disclosed.
Wolfgang Würth, the company's managing director, expressed confidence that a buyer who shares the company's vision for its future can be found. He also expressed hope that a solution can be found to save the company, which initially focused on the production of plastic parts but expanded its product range to include metal parts in 2010.
In recent years, the company has faced increasing competition and a decline in orders, which have further exacerbated its financial situation. The initial deadline for interested parties to submit offers is November 25, 2021, but no clear deadlines or expected dates for the completion of the insolvency process have been mentioned. The insolvency proceedings are expected to be completed by the end of 2025.
Monitoring future announcements from the Amtsgericht Weiden or local news sources would be advisable for those seeking detailed updates on bidders or procedural deadlines. The company's spokesperson remains optimistic, emphasising their commitment to finding a solution that ensures the future of Kleber Formen- und Werkzeugbau.
The precarious financial situation of Kleber Formen-und Werkzeugbau, despite expanding its business to include metal parts in 2010, has led to the search for a buyer in the industry, aiming to secure finance and the jobs of its employees. The goal of the administrator is to find a buyer who understands the manufacturing business and shares the company's vision for its future.
