Here is the English translation:
According to a statement published on the company’s website, Christopher Pole, Ryan Grant and Sam Birchall were appointed as joint administrators of the parent company Moveero Ltd. as of March 25, 2026. It was stated that these individuals are licensed insolvency practitioners authorized by the Institute of Chartered Accountants in England and Wales and will oversee the company’s operations and assets.
Moveero Ltd., the parent company of Autostructures UK, manufactures components for construction and agricultural equipment, including wheels, rims and hubs. While the UK operation has entered administration, Interpath noted that the group’s overall performance remains strong and that operations in the United States and Denmark are not affected by this process.
It was also reported that the UK business has been facing challenges for some time due to a weakening off-road vehicle market, pricing pressure and increasing competition. Interpath stated that the decision to enter administration was taken to protect creditors and to allow business operations to continue while potential buyers for the company’s activities and assets are being sought. It was also noted that employees will continue in their roles during this process.
Moveero CEO David Geraghty stated that despite challenging economic conditions, the company has been working over the past year to improve its financial performance. He also added that, thanks to support from customers, they have gained additional time to evaluate options regarding the UK business.
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