• The company remains committed to ful lling all existing and new orders, ensuring support for its customers and partners.
• The court promptly appointed attorney Tobias Wahl as the preliminary insolvency administrator, who has already started working.
• A successful process positions Forward AM to attract new investments and build a stronger foundation for long-term success.
Forward AM Technologies GmbH, a leading international additive manufacturing (AM) materials provider, has taken the step into insolvency proceedings with the District Court of Heidelberg on November 21, 2024, to restructure and towards a sustainable future. The court promptly appointed attorney Tobias Wahl, a partner at Anchor Rechtsanwälte, as the preliminary insolvency administrator.
Customers’ success remains our focus as our business continues and we are committed to ful lling all existing and new orders to the best possible way. Important to note that Forward AM’s local entities, have not led for insolvency and will continue business as usual, focusing on manufacturing and distribution of materials.
Preliminary insolvency administrator Tobias Wahl has initiated communication with employees and business partners to assess the situation and develop a plan for the future. Wahl stated, “The conditions for the continuation of the company are in place. Business operations are stable, and we are committed to promptly working toward a long-term restructuring solution.”
CEO Martin Back expresses con dence in Forward AM’s ability to navigate this transition successfully: “We are con dent that, together with our partners and investors, we can lay the groundwork for a successful future. Our focus remains on providing innovative solutions to the success of our customers and further strengthen our leading position in the eld of 3D printing solutions.”
www.forward-am.com
