Advanced Sports GmbH applies for insolvency in self-administration

MUTLANGEN, Germany – The challenging market situation became too much for Advanced Sports GmbH. According to an announcement of the responsible district court Aalen in Germany, Advanced Sports GmbH filed for insolvency in self-administration as of 3 April 2023. The company is the European distributor for the bicycle brands Fuji, Breezer and SE Bikes and sells to more than 30 countries.