— By Plasteurope.com staff — 

A sharp decline in sales has pushed automotive supplier Weberit Plastics Technologies (Oberlahr, Germany; www.weberit.com) into financial distress, prompting the company to file for insolvency under self-administration. On 29 July 2025, the local court of Betzdorf ordered provisional self-administration and appointed Thomas Rittmeister, a lawyer of the law firm Reimer Rechtsanwälte (www.reimer-rae.de), as provisional administrator.

The Weberit management team led by Nicolas Maggiarosa is to be be supported by restructuring experts Jens Lieser and Alfred Kraus of Lieser Rechtsanwälte (www.lieser-rechtsanwaelte.de). Lieser and Kraus are to draw up a reorganisation plan together with Weberit’s management, and an investor process is to be started shortly. “Our aim is to make Weberit fit for the future and to develop a sustainable long-term solution together with our partners in the market,” says Maggiarosa.

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There were several reasons for the financial difficulties – Weberit cites high energy costs, increased international competition, weak domestic demand, costs resulting from a cyberattack, and high personnel costs. The effects of the war in Ukraine and the uncertainty caused by the customs dispute with the US also had a negative impact on the company.

The business operations of the company, which has plants in Germany at Wissen, Oberlahr, and Bretzenheim, is to continue without restriction. The wages and salaries of the employees – a total of 123 across all locations – are secured until September 2025 via the insolvency substitute benefits. Weberit uses injection moulding, extrusion, blow moulding, and dip moulding, mainly for the production of plastic components that are used in the chassis, electronics, and drivetrain of cars. The company also produces parts for the construction, pipes, and water management industries.

Weberit already went into insolvency five years ago – as a result, a purchasing company led by entrepreneur Maggiarosa acquired the supplier based in Oberlahr.

— Translated by Elspeth Lenhard