Lighting equipment manufacturer Metz files for insolvency
German television and photographic equipment maker Metz has filed for insolvency according to German media. Metz is known for producing high-end lighting equipment including flash units, studio flashes, and video lights. Approximately 600 jobs will be affected by the situation.
Insolvency administrator, Joachim Exner, has noted that Metz’s everyday services would continue for the time being. In a release published by German site Photoscala, he has laid down the long term goal of 'keeping the business afloat, while securing as many jobs as possible'. Metz has been in business since 1938, and while little information is available about its current situation and future, we will be sure to keep you updated with the production status of its photographic product line.
We have reached out to Metz for comments and will update with any additional information we receive.
Sep 22, 2016
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