Four Dutch entities in the MPS Group were declared bankrupt via the Dutch court system.
MPS Holding, MPS Systems, MPS Service & Commissioning and MPS Supply Chain have been declared bankrupt in the Netherlands as of October 28. There are currently no official court reports, but those affected can get official updates via the Dutch Central Insolvency Register.
MPS has shared that all production for orders and deliveries placed before the bankruptcy notice, including the shipping of new equipment, will be suspended. However, existing customers can still order spare parts, tooling, and consumables during the process.
Eric Looijen, from Stellicher Advocaten legal services, has been appointed as the trustee for the…