RB Products under French commercial court protection
Today French company RB Products issued a statement regarding the company’s future and to avoid any misleading rumours. From what is understood a shareholder of RB Products ran into financial problems but RB Products is currently working in a normal fashion and the 2015 engine range will be introduced next week. Support and products supply currently is unaffected by the new circumstances and restructuring will be finalised in March.
For some time, the GR Fi Group (a shareholder in RB Products) encountered difficulties with its banking partners. The best option was to be placed under the protection of the Commercial Court of Grenoble. Therefore, its subsidiary RB Products, is now under the same protection. The goal of this action is to ensure the continuation of the activity by the intervention of a new shareholder.
Read RB Products’ full statement here