Adam Audio files for bankruptcy

ADAM, the Berlin based monitor manufacturer seems to be in trouble. A few weeks ago they files for bankruptcy. The bankruptcy rumour started a few weeks ago when ADAM claimed on there Facebook that they had serious delivery problems with there product and spare parts.

In a statement, CEO Klaus Heinz said: ‘Too fast a growth with too many products created a capital demand we could not raise.” Citing Adam’s high regard within the audio world (we raved about one of their newer lines, the F Range, last year), the statement goes on to say, “There are currently ongoing negotiations with different investors to convert this positive market acceptance into further growth.’

www.adam-audio.com

Post Your Thoughts