Joycube Battery Co., Ltd.
Syntace files for insolvency but restructuring talks look promising
TACHERTING, Germany - On 14 October, Syntace GmbH — owner of parts and component brand Syntace and bicycle brand Liteville — filed for bankruptcy. According to the company, they are already working on a successful restructuring with ongoing business operations fully guaranteed. In addition, all orders and inquiries via the online shops will be processed as usual, as well as deliveries to IBDs and the Liteville products spare parts supply chain.