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Dymag gone into administration

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Wafer_Thin_Ham
Super Spammer



Joined: 18 Nov 2005
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PostPosted: 07:48 - 24 Nov 2009    Post subject: Dymag gone into administration Reply with quote

From motoforum:

"Dymag Racing UK has entered into a Chapter 11 situation and is under bank administration at this time. The bank has decreed that all orders in the system and all new orders will fall under new pricing set by the bank the price increase is 35% on Automobile wheels and 20% on Motorcycle wheels across the board.

Dymag will continue to take orders under the new price schedule but will not honor any old pricing. Please let your customers know if they have been considering a set that you will need a new quote to move forward.

I apologize for the increase and problems but it is out of my hands.

Please feel free to contact Dymag direct to confirm and ask for: Simon Rowe

Joint Administrator

Simon Rowe and Roger Isaacs, joint administrators, act as agent for the company without personal liability"
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tatters
Exxon Valdez



Joined: 04 Jan 2004
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PostPosted: 09:19 - 24 Nov 2009    Post subject: Reply with quote

20% and 35% mark up on current orders l seriously doubt buyers excepting that.


I,ve had dealings with Administrators in the past, bunch of gready scum who help them selfs to most of the assests and give creditors peanuts.
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Past:NRG50,AF1125(x2),NSR125RR,ZZR250,CX500,VFR400,KR1S,ZZR600(x2),CB400N,YZF1000(x2),KH125,Z200,FX400R,CBR954RR(x2)GPZ500S,GT550,VFR750F(x2),RD350N,XR650R,CBR600F,CB250,KDX250,YZF750R,CRM250,400EXC,KLR650,TTR600RE,DR350S,R100GSPD,RGV250,VMAX1200,DL650,KZ750 Present:G650XC,C12,CRF450X,1190ADV
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SW Motech Shop UK
Scooby Slapper



Joined: 22 Nov 2004
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PostPosted: 08:38 - 25 Nov 2009    Post subject: Reply with quote

Thats sad. I hope they manage to save the company. Long live Dymag!
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BenR
World Chat Champion



Joined: 23 Jun 2008
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PostPosted: 20:29 - 25 Nov 2009    Post subject: Reply with quote

Old news they finish up on friday. A friend of mine was the floor manager. Apparently the Japanese owner is taking the carbon moulds to Austria & the rest is being sold off.
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BenR
World Chat Champion



Joined: 23 Jun 2008
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PostPosted: 16:24 - 03 Feb 2010    Post subject: Reply with quote

Don't know if anyone's interested but Dymag are relaunching. Smile https://www.csaperformancewheels.com/
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