POLO applies for restructuring proceedings – business operations continue
- Self-administration proceedings applied for at Mönchengladbach Local Court
- Business continuity and employee wages and salaries are secured through January 2026.
- POLO locations and companies in Switzerland and Austria remain unaffected by the proceedings for the time being.
Jüchen, November 18, 2025. POLO Motorrad und Sportswear GmbH filed for self-administration proceedings at the Mönchengladbach District Court yesterday. The aim is to continue business operations in an orderly manner under the protection of insolvency law and to restructure the company.
Operations are continuing as normal at the Jüchen site and in all stores during the preliminary proceedings. The wages and salaries of the approximately 700 employees in Germany are also secured through insolvency payments until January 2026. Employees were informed personally today about the start of proceedings.
The background to the proceedings is the current tense macroeconomic situation: despite good sales performance this year, the industry-wide reluctance of many customers to make purchases is putting increased pressure on liquidity.
Andrew Thorndike, CEO of POLO Motorrad und Sportswear GmbH, says: „The application is the right step to secure our future viability: POLO has already restructured itself significantly in recent years through its own efforts. We have significantly expanded our brand power on the customer side and are now even stronger in the business with our own brands. However, we have recognized that without the additional support of the court proceedings, we will not be able to reduce our company's debt in the long term and make it more independent. One thing is clear: POLO remains a strong partner in the market, and we will take all necessary steps to secure its future.“
POLO is being supported by a team specializing in corporate restructuring led by Prof. Dr. Volker Römermann, attorney and CEO of Römermann Rechtsanwälte AG. Together with the management, the team will now work out a long-term future perspective for POLO over the coming months.
Prof. Dr. Volker Römermann explains: „The self-administration procedure offers POLO the opportunity to implement the restructuring in a structured manner and in cooperation with its creditors. The aim is to keep the company stable despite the current challenges, secure jobs, and strengthen the brand in the long term. Our focus is particularly on protecting the trust of customers and business partners and ensuring that POLO emerges stronger from the restructuring process once the proceedings have been completed.“
The foreign POLO companies in Switzerland and Austria are not initially affected by the proceedings. POLO remains a reliable partner with a clear focus on customer needs.
About POLO Motorrad und Sportswear GmbH:
POLO Motorrad und Sportswear GmbH was founded in 1980 and employs around 700 people in Germany. As a trading company for motorcycle clothing, technology, and accessories, POLO is one of the leading suppliers in the motorcycle industry. With locations in Germany, Austria, and Switzerland, as well as its own online store, the company offers products from various brands as well as its own developments. Its headquarters are located in Jüchen.
About Römermann Rechtsanwälte AG:
Römermann Rechtsanwälte AG has been one of the leading law firms in the field of insolvency administration and corporate restructuring for many years. With an interdisciplinary team of lawyers, economic experts, and partners from the fields of tax and auditing, Römermann Rechtsanwälte AG advises companies throughout Germany on restructuring and reorganization.
Text: CONSILIUM Legal Communication
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