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Wittner Cinetec "closed for restructuring"

super 8 film stock double 8mm film stock

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#1 Sandy McLennan

Sandy McLennan

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Posted 02 May 2017 - 09:06 AM

Always concerned about continued manufacturing of double 8mm and, less so, super 8 stock. A search for news about this returned nothing. Anyone here know if there's a chance the company won't be back?

 

On http://www.wittnercinetec.com, it states: "

WEB SHOP CURRENTLY
!!!!!    CLOSED    !!!!!
Company is closed
until mid/end of July 2017
because of restructuring.

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#2 Michael Lehnert

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Posted 02 May 2017 - 01:24 PM

'restructuring' isn't meant in the sense of a reorganization under the bankruptcy laws like Chapter 11 in the US. The German website uses the same word, 'Restrukturierung', which has no connotation whatsoever that would indicate that the company is closing down. That would be 'Liquidation', 'Räumungsverkauf' or 'Geschäftsaufgabe'.

 

Wittner have said in previous newsletters that they will restructure what they list and sell, based on actual demand. Lots of Beaulieu accessories will probably get trashed or otherwise recycled because they no longer sell (even with discounts). So over the next 3 months (which includes the usual summer vacation period where many German 'Mittelstand' companies close down completely), they will restructure their warehouse, discard many product ranges, and overhaul their online shop and depository stock.

 

S8 film stock is unlikely to disappear. It will concern mostly camera-related hardware that is past its sell-by date.


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