By Aaron Waldron
LRP Electronic GmbH founder Jürgen Lautenbach announced that the brand had failed to find a buyer following its bankruptcy filing last year, but will resurface next month under a new-but-still-the-same name.
The new LRP is expected to begin shipping products on April 15, and the old brand's existing URL, www.lrp.cc, has a countdown going to that day.
As reported by Red RC, Lautenbach made the following statement:
Thank you very much for the great support LRP electronic GmbH has received from you to this day. As is known, LRP electronic GmbH has to cease operations on March 31, 2018 after having been in the market for 30 years. At the same time, I am pleased to inform you that the newly founded Lautenbach Racing Products GmbH will start its work on April 03, 2018.
You can still reach us using the known telephone numbers and e-mail addresses. We plan to ship the first goods starting April 16, 2018. Lautenbach Racing Products GmbH is not a continuation company of LRP electronic GmbH, but a newly founded enterprise. It will operate with a modified business model adapted to today’s market requirements. We will inform you about this in detail as soon as possible.
I am looking forward to continuing to cooperate successfully with you in the Lautenbach Racing Products GmbH.
Jürgen E. Lautenbach