Touratech-AG (German Operation) has retained consulting firm Schultze & Braun to assist with a financial reorganization of the company. The fast growth in the adventure motorcycle segment and the company’s expansion to meet this demand has resulted in the need for a re-organization to ensure a healthy future. Under the advisement of Schultze & Braun, Touratech AG will be using the German bankruptcy rules to re-organize the assets and liabilities of the business to provide a stable foundation that will allow the company to continue serving the parts and accessories segment of adventure touring motorcycle market. Touratech -USA, the US importer, is an independently owned US company and is in good financial condition and will not be impacted by the restructuring in Germany.
Parts production at Touratech-AG will continue uninterrupted through this process.