For the longes time, it looked like Endor and its Fanatec sim racing hardware brand would go to Corsair. After filing for insolvency, however, over 30 international investors are interested.
Endor and Fanatec will be taken over by Corsair - for quite a while, it looked like this was going to happen. Now that Endor has filed for insolvency, things might shake out differently, however. Munich-based consulting firm goetzpartners Corporate Finance has initiated the sales process, as per the latest press release, and there are plenty of investors interested according to it.
Jan-Hendrik Röver, Project Manager at goetzpartners, stated: "There was an excellent response to our approach from more than 30 international investors. We have already had some very promising discussions. This underlines Endor’s global reputation with the strong Fanatec brand and a superior product.”
Furthermore, the "operational business in Landshut as well as the shares in the foreign sales companies and the new administration building currently under construction are up for sale", according to the release. A "quick solution" in the interest of employees, suppliers and customers is what the the proceedings are aiming for now.
Previously, it looked like Corsair was all but set to take over Endor after helping the stricken company as a strategic investor. Even after the insolvency filing, Corsair stated that it was still interested in acquiring the Landshut-based sim racing hardware manufacturer.
What do you make of the latest news surrounding Endor and Fanatec? Let us know on Twitter @OverTake_gg or in the comments below!
Endor and Fanatec will be taken over by Corsair - for quite a while, it looked like this was going to happen. Now that Endor has filed for insolvency, things might shake out differently, however. Munich-based consulting firm goetzpartners Corporate Finance has initiated the sales process, as per the latest press release, and there are plenty of investors interested according to it.
Jan-Hendrik Röver, Project Manager at goetzpartners, stated: "There was an excellent response to our approach from more than 30 international investors. We have already had some very promising discussions. This underlines Endor’s global reputation with the strong Fanatec brand and a superior product.”
Furthermore, the "operational business in Landshut as well as the shares in the foreign sales companies and the new administration building currently under construction are up for sale", according to the release. A "quick solution" in the interest of employees, suppliers and customers is what the the proceedings are aiming for now.
Previously, it looked like Corsair was all but set to take over Endor after helping the stricken company as a strategic investor. Even after the insolvency filing, Corsair stated that it was still interested in acquiring the Landshut-based sim racing hardware manufacturer.
What do you make of the latest news surrounding Endor and Fanatec? Let us know on Twitter @OverTake_gg or in the comments below!
