Market: Mitteldeutsche Fahrradwerke (MIFA) has filed for insolvency. A court spokesperson confirmed such rumors today, Wednesday. While the East German bicycle manufacturer can look back on a long company history, it has repeatedly struggled with financial bottlenecks in the recent past. The first filing for bankruptcy occurred in September 2014. read more
Market: The Von Nathusius family of entrepreneurs is taking over the insolvent bicycle manufacturer Mifa, saving Germany's largest bicycle company. The Von Nathusius family of entrepreneurs, who have already made a name for themselves in the automotive industry, are saving the German bicycle manufacturer Mifa. The purchase agreement was signed Thursday evening. All 600 employees of... read more
Market: Things aren't looking good for bicycle manufacturer Mifa. Although business is expected to continue, the company expects a negative balance sheet for the first half of the year and is filing for insolvency. Just a few weeks ago, it was reported that the Indian company Hero wanted to acquire a large portion of Mifa's shares. But this has now been... read more
Market: According to information from n-tv.de, the struggling Central German bicycle manufacturer Mifa is on the verge of being rescued. The Indian investor Hero Cycles is lending a helping hand, acquiring an 89 percent stake in Mifa. For the existing shareholders, however, Mifa's debt relief is like biting the bullet. They're getting virtually nothing. ... read more
Market: Land in sight. This is probably how the management of the Saxony-Anhalt bicycle manufacturer Mifa interprets their company's financial situation. According to the company, an investor has been found. The Indian company Hero Cycles plans to invest a total of 15 million euros in the company. In addition, the Hero Cycles subsidiary is to... read more
