In a press release LRP electronic GmbH comments today in the late afternoon the rumours in the market regarding the situation of LRP. Here you can read the complete press release:
LRP is under full steam and is looking forward to the RC-year 2017 with great joy. A year tightly packed with many fantastic LRP novelties!
The start was made late December with our World Champion 2016 – the LRP Flow X TC spec – which sets new standards in the world of electronic speed controls. The demand is so huge that we are sold out for weeks to come. And this was just the start of a fireworks of new products throughout 2017.
Additionally our important distribution partners HPI Racing, Team Associated and Sanwa announced many exciting products for 2017 to us.
These novelties will lead to a significant growth for LRP. A growth that needs to be financed. Therefore LRP is looking for a partner.
This brings fresh capital to the LRP electronic GmbH to finance the aggressive growth strategy. This allows the (strategic) partner to be part of the upcoming success. A typical win-win situation for both parties.
We would like to point out that LRP is financially well positioned short and medium term and that the managing shareholder and founder Jürgen E. Lautenbach is furthermore the man taking decisions at LRP electronic GmbH.ource: LRP