An insolvency filing does not necessarily mean a company will close. This week's list covers 3 cases in Germany and Austria across the supplier and workshop segments.
MP Kfz GmbH, Weißkirchen in Steiermark
Procedure: insolvency proceedings opened (bankruptcy); Court: Landesgericht Leoben (LG-Leoben); Date: 2026-11-11; Employees: ; Liabilities:
MP Kfz GmbH is a car dealer and service workshop based in Weißkirchen in Steiermark that operates new- and used-car sales and holds Ford and Hyundai representation, and runs an attached service/repair workshop including a paint shop. KSV1870 records the firm in the Firmenbuch under FN 619863p and lists a historical origin of 1964. The company website lists Judenburgerstraße 19 and presents the business as a local Ford partner. A bankruptcy (Konkurs) procedure was opened and an insolvency administrator was appointed; creditors can register claims and the administrator will inventory and value the estate. KSV/AKV list a creditors' registration deadline of 2027-01-13 and a first examination/reporting hearing (Tagsatzung) on 2027-01-27.
Capricorn Holding GmbH, Düsseldorf
Procedure: preliminary insolvency proceedings; Court: Amtsgericht Düsseldorf; Date: 2026-11-04; Employees: ; Liabilities:
Capricorn Holding GmbH is a Düsseldorf-based specialist group for lightweight and composite components for high-performance sports cars and motorsport, supplying components such as chassis and engine-related parts to manufacturers including Porsche, Bugatti and Lamborghini. The group also pursued an in-house hypercar project (Capricorn 01 Zagato). The company group is reported to employ roughly 500 people across its operations. Amtsgericht Düsseldorf ordered preliminary insolvency measures and appointed a provisional administrator; operations are to continue for now and a search for an investor is planned.
Capricorn Composite GmbH, Düsseldorf
Procedure: preliminary insolvency proceedings; Court: Amtsgericht Düsseldorf; Date: 2026-11-04; Employees: 56; Liabilities:
Capricorn Composite GmbH is one of Capricorn's core operating companies responsible for producing composite/lightweight components for sports cars and motorsport clients and is part of the Capricorn group based in Düsseldorf. The group supplies high-end OEMs and racing teams and developed the limited-run Capricorn 01 Zagato hypercar project. Media report the group employs roughly 500 people in total while the Composite unit has been reported with about 56 employees affected in the proceedings. A provisional insolvency administrator (Dirk Andres / AndresPartner) was appointed; the business is to be stabilised, insolvency wages organised and an investor search launched.
Based on reports by the sources named below, as of 13 November 2026. Proceedings can change; companies can contact the editorial team for corrections.
