Good news at the start of the year: Syntace will continue! The insolvent company will be taken over by investors and the majority of jobs will be retained. Jo Klieber, founder and head of the technology department, will continue to be available to the company as a technical consultant.
After turbulent weeks and months, Syntace GmbH could slowly return to normality. According to the insolvency administrator Baker Tilly, the lawyer Dr Dejan Marković has succeeded in finding investors who are able and willing to continue the business operations of the wheel specialist based in Tacherting, Bavaria. According to reports, the investors are entrepreneurs from Taiwan and Bangladesh who do not wish to be named. They are already active as component manufacturers in the bicycle industry and have the corresponding production capacities.
Founder Jo Klieber remains active
Shortly before Christmas, SL International GmbH was founded specifically for the takeover (S stands for Syntace, L for Liteville), although its future role does not yet appear to be entirely clear. According to the insolvency administrator, the company acquired the intangible assets and movable fixed assets of Syntace with the opening of insolvency proceedings on 30 December 2025. The future of the Syntace and Liteville brands is therefore considered secure. The founder and Head of Technology, Jochen "Jo" Klieber, will continue to provide technical support.
Syntace GmbH had previously filed for the opening of insolvency proceedings at the Traunstein Local Court on 14 October 2025. The company, founded by Jo Klieber, was acquired as part of Pierer Mobility AG in the course of the Insolvency at the motorbike brand KTM got into difficulties. Baker Tilly lawyer Dr Dejan Marković was appointed provisional insolvency administrator. Business operations continued uninterrupted throughout the proceedings: the online shop, dealer deliveries and spare parts supply continued seamlessly.
Thomas Musch
Publisher
