AXISCADES Technologies Limited has initiated the voluntary solvent liquidation of its wholly owned German step-down subsidiary, add-solution GmbH, as part of its decision to exit automotive engineering services and focus on its other business areas. The members’ resolution to dissolve add-solution was adopted on September 24, 2026, with the dissolution taking effect from September 25, 2026. The decision has been registered with the German Commercial Register.
Based in Wolfsburg, Germany, add-solution provides engineering design services to the automotive industry. The company became part of the AXISCADES Group in June 2023. A downturn in the German automotive sector reduced demand for its services and resulted in losses over several…