Battery manufacturer Leclanché has filed for insolvency for its two German subsidiaries, Leclanché GmbH and Leclanché Services GmbH, at the court in Offenburg. The parent company, headquartered in Yverdon-les-Bains in western Switzerland, said the filings were driven by payment inability after securing further financing proved impossible to date.
The company described the insolvency applications as a precautionary measure, stating they could be withdrawn if short-term financing is arranged. Leclanché said it continues to hold discussions with customers, strategic partners, and potential investors to secure the necessary funding.
The energy storage solutions provider said it remains confronted with short-term liquidity constraints and production bottlenecks. The company has been struggling for survival over an extended period and recently postponed its annual business report multiple times. As a result, its shares are currently suspended from trading.
