We had our concerns a few months ago when BASF Forward AM announced a strategic buyout decision. These concerns have been followed by rumors of an insolvency process undertaken by the newly created company in the midst of Formnext. These concerns have now been confirmed by the company that began insolvency proceedings with the District Court of Heidelberg on November 21, 2024.
Forward AM has stated that it is dedicated to fulfilling current and upcoming orders, with the insolvency process aimed at securing new investments. The company hopes these investments will provide a stronger foundation for long-term success.
The District Court of Heidelberg has appointed Tobias Wahl, a partner at…