Syntace GmbH filed an application for the opening of insolvency proceedings at Traunstein Local Court on 14 October 2025. Founded by Joe Klieber in Tacherting in the Traunstein district, the company was acquired as part of Pierer Mobility AG in the course of the Insolvency at the motorbike brand KTM got into difficulties. In February 2025, Syntace GmbH announced its independence during the reorganisation of Pierer Mobility AG and initiated a comprehensive restructuring process. According to the company, these measures are now showing initial successes in the organisation and cost structure as well as in the development of new products.
Most recently, the Forchheim-based direct mail order company YT Industries files for bankruptcy. After the search for an investor did not bring the desired success, company founder Markus Flossmann announced that he would buy back the company himself. Other companies in the bike industry are also struggling with massive problems and redundancies are the order of the day.
Investor to secure the future of Syntace and Liteville
At the same time, the company is in advanced talks with an investor with whom a viable and sustainable solution for the future of the Syntace and Liteville brands is being sought. "The talks with the investor are proceeding very constructively. We are convinced that we will achieve a stable and future-orientated solution for our brands," said the management. "Our aim is to secure the long-term future of our employees, our partners and our products."
Ongoing business operations are fully guaranteed, according to the company's announcement. All orders and enquiries via the online shop will be processed as usual, and deliveries to dealers and the supply of spare parts for Liteville products are also guaranteed.
Thomas Musch
Publisher
