Hein Gericke UK rides into administration

Moorfields Corporate Recovery has been appointed administrators for motorcycle clothing and accessory retailers, Hein Gericke (UK) Ltd and is looking to sell the business as a going concern.

The firm, which operates 49 shops nationwide in addition to a catalogue and an online shopping service, is widely recognised as a leading brand within the UK motorcycling community.

The UK business is separate from the parent company, which operates shops across Europe, trading within the UK under a license agreement with the German-based parent company.

Simon Thomas, joint administrator at Moorfields Corporate Recovery, said: ‘While the ongoing economic pressures have affected sales in recent years I am confident the business model has a lot of potential with a dedicated customer base and staff who are obviously passionate about working for the company.’

Hein Gericke was a German biker who opened a motorcycle shop in Germany in the 1970s. Within a few years the business developed to become the largest motorcycle dealership in Germany and went on to expand to include clothing and accessories for bikers and move into overseas markets.

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