According to Q.CELLS’ preliminary insolvency administrator, Henning Schorisch, the company’s business operations will continue during the preliminary insolvency proceedings.
Just after the company filed for preliminary insolvency, Schorisch had contacted suppliers and customers so that production could quickly be resumed.
Schorisch intends to restructure Q.CELLS by finding one or more investors for the company, and merger and acquisition consultancy Deloitte has been commissioned with the task of looking for investors.
“Our goal is to save as much of Q.CELLS and as many of the jobs as possible,” Schorisch said. “The next few weeks will show the extent of investors’ interest.”Article continues below…
Since the announcement of the filing for preliminary insolvency, a number of interested parties have expressed their interest to the preliminary insolvency administrator.