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EQS-Adhoc: paragon GmbH & Co. KGaA and two other companies in the paragon Group file for insolvency
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EQS-Ad-hoc: paragon GmbH & Co. KGaA / Key word(s): Insolvency/Insolvency Werbung
paragon GmbH & Co. KGaA, Delbrück Publication of Inside Information Pursuant to Article 17 of the Market Abuse Regulation (MAR) paragon GmbH & Co. KGaA and two other companies in the paragon Group file for insolvency Delbrück, September 7, 2026 – paragon [ISIN DE0005558696] today filed a petition with the Paderborn Local Court to open insolvency proceedings regarding the assets of paragon GmbH & Co. KGaA, paragon electronic GmbH, and paragon movasys GmbH due to insolvency. Werbung
Filing for insolvency became unavoidable after an investor failed to meet their contractual obligations to disburse loans amounting to tens of millions, despite being granted an extension. Due to the definitive failure of the transaction, paragon is unable to settle all of its due liabilities. The management of paragon GmbH & Co. KGaA expects that, following the appointment of a provisional insolvency administrator, the business operations of the companies of the paragon Group will continue. paragon GmbH & Co. KGaA Delbrück The Management About paragon GmbH & Co. KGaA Werbung
paragon GmbH & Co. KGaA (ISIN DE0005558696), listed on the Regulated Market (Prime Standard) of Deutsche Börse AG in Frankfurt am Main, develops, manufactures, and markets cutting-edge solutions in the fields of automotive electronics, body kinematics, and electromobility. The portfolio of this market-leading direct supplier to the automotive industry includes, in the electronics segment, innovative air quality management systems, modern display systems, and high-end acoustic systems. In the mechanical segment, paragon develops and manufactures active mobile aerodynamic systems. In the rapidly growing automotive market for battery systems, paragon’s Power division supplies battery management systems and drive batteries. In addition to its corporate headquarters in Delbrück (North Rhine-Westphalia), paragon GmbH & Co. KGaA and its subsidiaries maintain locations in Suhl (Thuringia), Landsberg am Lech and Nuremberg (Bavaria), St. Georgen (Baden-Württemberg), Limbach (Saarland), as well as in Kunshan (China), Detroit (USA), Bengaluru (India), and Oroslavje (Croatia). Capital Markets Contact paragon GmbH & Co. KGaA Klaus Dieter Frers Email: investor@paragon.ag End of Inside Information
07-Sep-2026 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | paragon GmbH & Co. KGaA |
| Bösendamm 11 | |
| 33129 Delbrück | |
| Germany | |
| Phone: | +49 (0)5250 9762 - 0 |
| Fax: | +49 (0)5250 9762 - 102 |
| E-mail: | investor@paragon.ag |
| Internet: | www.paragon.ag |
| ISIN: | DE0005558696, DE000A2GSB86, |
| WKN: | 555869, A2GSB8, |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate BSX |
| LEI Code: | 5299003KK8544RT71R38 |
| EQS News ID: | 2394900 |
| End of Announcement | EQS News Service |
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2394900 07-Sep-2026 CET/CEST
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