Last June, the German furniture manufacturer Spectral Audio Möbel GmbH had to file for insolvency. Monday, June 3, all Spectral employees were informed, and insolvency procedures commenced. ,
All ongoing orders were produced as usual while exploring the possibility of a restart. However, according to Inside Wohnen, the company was unable to find an investor and production has come to a halt.
The inability to find financial backing has brought Spectral's operations to a standstill, casting uncertainty over the future of the furniture manufacturer.
Source: inside-wohnen.de