Malmö-based Hövding files for bankruptcy

2023-12-21T15:10:22.334Z

Highlights: Malmö-based Hövding files for bankruptcy. The bankruptcy application has been submitted to Malmö District Court. The reason for the bankruptcy application is that on 1 November 2023, the Swedish Consumer Agency ordered the company to temporarily halt sales. On 15 December 2023 announced a permanent sales stop and recall for the product HöVding 3. The company itself writes in a press release that there is "no other choice" to go through with the bankruptcy. It was revealed that helmets with a known defect have been sold to customers.

The Board of Directors of Hövding Sverige AB has decided to file for bankruptcy. The bankruptcy application has been submitted to Malmö District Court, the company itself writes in a press release.