More positive news is now coming to light, however, with reports that Sinar has now been spun off into two separate entities. First, a management buyout saw Sinar's manufacturing capabilities integrated into Feuerthalen, Switzerland-based Femron AG. This has been followed with a second deal that transfers Sinar AG's Development, Sales, Service and Support divisions to the newly formed Sinar Photography AG.
According to a report last week from the PMA Newsline,
and mirrored by a press release published on PhotographyBLOG, Sinar Photography AG will relocate to Zurich, Switzerland. The company will continue to support and maintain existing Sinar products, and is negotiating a possible continuation of the Hy6 medium-format camera. Femron AG will produce mechanical cameras and accessories for Sinar Photography.