Jobo is going in bankruptcy

Discussion in 'Darkroom Equipment' started by RobertV, Mar 8, 2010.

  1. RobertV

    RobertV Member

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  2. AgX

    AgX Member

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    To be fair, the term bancrupsy has a different meaning internationally. The german legislation names continuity of company activity as the alternative aim to dissolving company assets.
     
    Last edited by a moderator: Mar 8, 2010
  3. Mick Fagan

    Mick Fagan Subscriber

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    Yes, in our country being declared bankrupt means the business is basically finished.

    However being declared, or declaring yourself that you are insolvent, means you may go bankrupt, or you may have an administrator appointed and you may trade out of difficulty, or you may sell the assets (if any left) or some other arrangement may be made.

    Pity as it appears the third generation didn't change the company enough to keep on moving with the times, seems to be an international thing in that the first generation starts the enterprise, the second consolidates it and the third generation loses it.

    Agx can you, or someone else elaborate further as my German isn't that good, but I think I got the gist of the link?

    Mick.
     
  4. Mick Fagan

    Mick Fagan Subscriber

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    AgX, thanks, as I thought.

    Mick.
     
  5. RalphLambrecht

    RalphLambrecht Subscriber

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    In this case, I'm not surprised. eBay must have made more money off their products than Jobo themselves.
     
  6. gr82bart

    gr82bart Subscriber

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    LOMO should pick them up, IMNSHO.

    Regards, Art.
     
  7. Chazzy

    Chazzy Member

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    Is this bad news for those with Jobo processors, or has service for Jobo processors previously become unavailable anyway?
     
  8. AgX

    AgX Member

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    Jobo outsourced the technical service of their processors long ago including stocks of spares.
     
  9. gmikol

    gmikol Member

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    For all the US readers, continuing company operations is most similar to our "Chapter 11" bankruptcy, where debt and other liabilities can be restructured or eliminated in order to allow the company to continue to operate, versus liquidation of company assets to satisfy the creditors, which would be like "Chapter 7" bankruptcy in the US.

    I don't read/speak any German, and I sure don't know anything about German bankruptcy laws, so I have no idea which way Jobo is going on this.

    FYI...

    --Greg
     
  10. ADOX Fotoimpex

    ADOX Fotoimpex Partner Partner

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    Jobo Insolvency

    Jobo is currently still beeing operated by it´s former business leader and owner Mr. Bockemühl. He has aproached various customers about the planned continuation of the company and brand.
    A supervisor has been appointed by German court and the company is running under supervision currently.

    Today we received the news that tanks which had been unavailable yesterday will become available again probably within less than two weeks.

    As to my understanding this insolvency has more to do with the technical aspects of german social and business laws as with a possible complete failure of Jobo.

    I am very optimistic that we will continue to have Jobo darkroom accessories available for our analogue work in the future.

    Best regards,

    Mirko

    FOTOIMPEX Berlin
     
  11. ADOX Fotoimpex

    ADOX Fotoimpex Partner Partner

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    Jobo Insolvency

    Jobo is currently still beeing operated by it´s business leader and owner Mr. Bockemühl. He has aproached various customers about the planned continuation of the company and brand.
    A supervisor has been appointed by German court and the company is running under supervision currently.

    Today we received the news that tanks which had been unavailable yesterday will become available again probably within less than two weeks.

    As to my understanding this insolvency has more to do with the technical aspects of german social and business laws as with a possible complete failure of Jobo´s.

    I am very optimistic that we will continue to have Jobo darkroom accessories available for our analogue work in the future.

    Best regards,

    Mirko

    FOTOIMPEX Berlin
     
  12. ath

    ath Member

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    Glad to hear this, Mirko.

    Maybe a moderator should uptate the thread title?
     
  13. jglass

    jglass Subscriber

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    Thanks, Mirko. . . . Now where's that MCC in 100 sheet boxes! :wink:
     
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  15. fotch

    fotch Member

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    Thanks for the update.
     
  16. tim rudman

    tim rudman Member

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    Thanks Mirko, that's interesting. I have been watching out for a decent CPP for a while, but in view of the news had decided to drop the idea.
    Tim
     
  17. AgX

    AgX Member

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    Tim, see post #8.
     
  18. Ektagraphic

    Ektagraphic Member

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    I thought they stopped making processor machines?
     
  19. AgX

    AgX Member

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    At least Jobo still offer two types of processors.
    (In 2006 they announced the manufacture of processors like ATL and CP being cancelled.)
     
    Last edited by a moderator: Mar 10, 2010
  20. Ektagraphic

    Ektagraphic Member

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    Where can they be had in the USA? At B&H they only sell the drums not the machines.
     
  21. Mahler_one

    Mahler_one Member

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    Mirko: A very sincere thanks for bringing us up to date. Would your company, with your emphasis on analog products, ever think of operating Jobo?
     
  22. olwick

    olwick Member

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  23. David A. Goldfarb

    David A. Goldfarb Moderator Staff Member Moderator

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    Threads merged.
     
  24. fotch

    fotch Member

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    How sad.:sad:
     
  25. Mahler_one

    Mahler_one Member

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    Mirko? Can you enlighten us at all?
     
  26. Mahler_one

    Mahler_one Member

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    Either Jobo used equipment will go through the roof in value, or the entire Jobo "processing" paradigm will fade over the next few years. The key will obviously be the availability of parts to support Omega-Satter, or another repair shop that steps into the void-assuming, once again, that parts are available... back to trays, and DBI I guess.