
Vivitar's European arm has gone into administration, making its 26 staff in France and the UK redundant after its parent company in US sold the brand name. Vivitar's parent company, Syntax Brillian, entered Chapter 11 Bankruptcy Protection in July and sold the Vivitar brand name to Sakar, a consumer electronics manufacturer in August. Under the sale agreement the name, along with intellectual property and goodwill was sold, leaving Vivitar France S.A. unable to continue to trade under the Vivitar name.
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Chapter 11 Bankruptcy,
Chapter 11 Bankruptcy Protection,
Consumer Electronics Manufacturer,
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Goodwill,
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Vivitar