eyevis GmbH is currently working on a solution to remove the company from its current investor relationship and secure a long-term deal with a new owner, which allows the company to continue to progress and develop going forward.
To facilitate this, eyevis GmbH management have taken the decision to apply for and use a well-defined German process called ‘preliminary administration’.
eyevis UK Ltd is a private entity and the temporary ‘preliminary administration’ status of eyevis GmbH does not affect our operation in any way.
We continue to work with eyevis GmbH and as its dedicated business partner, providing its high-quality solutions to our UK clients and it is very much ‘business as usual.’
eyevis UK is continuing to take delivery of and install video wall equipment and systems from eyevis GmbH on a daily basis, with three systems delivered this week and two more scheduled for next week. All our other projects in manufacturing have scheduled deliveries for the New Year and new orders are being processed on a daily basis.
The international consultants involved in securing new investment for eyevis GmbH have had nothing but positive results to date. Preliminary administration is a temporary and short-term status, clearly defined by German law, which allows eyevis GmbH to finalise the company restructuring process.
It allows eyevis GmbH to operate and to utilise additional funding.
However, the term ‘administration’ has certain negative connotations in the UK, so we would like to stress:
* eyevis UK, eyevis GmbH HQ and production are running normal, all staff and departments are fully operational and they are shipping equipment and processing new orders
* The current legal process makes it very safe for customers and suppliers to continue to do business with eyevis GmbH and eyevis UK
* This situation is only temporary but supports the current Mergers and Acquisitions process
eyevis GmbH, and its international partners, will be present, as always, at ISE 18, February 6th – 9th, stand 2-B70.
Please do not hesitate to contact the eyevis UK team if you require any further information.