Dutch consumer electronics company Conceptronic has emerged, as promised from the shadow of its former parent, the once proud Tulip Computers, renamed as Nedfield and in bankruptcy.
The company had to go into bankruptcy itself, but only as a form of re-organization as 2L International, a holding company for consumer electronic brands including Conceptronic, Grab’n’GO and Abbrazzio. Its operational subsidiaries in Spain and Taiwan continued to trade throughout the process.
Now there has been a management buyout with the help of Nimbus a local investment company.
All brands of 2L (Conceptronic, Grab’n’GO and Abbrazzio) and the independent companies 2L Iberica and 2L Taipei are taken over within the new structure. 2L Alliance BV will take over all activities (including service and warranty activities) of the brands to ensure continuity.
‘We are thrilled we found a good and reliable partner with Nimbus, who is prepared and willing to take this important next step with us. Nimbus has a very impressive track record and they are hands-on people, just like us. This means that 2L, with the different brands we market in many countries and continents, will be able to continue offering the known quality products and service levels. On top of that, 2L will amaze the market the coming months with new devices for both the IT – and CE market. It is not just a continuation of what we have been doing, it will be more and even better, for the market and for our customers,’ says CEO Gerben Romijn.
New products in development will all be continued, include the YuiXX media player which uses the new Intel CE 3100 processor, aimed at converting internet video to the TV set, using a single chip.