Jobo AG, the lab equipment and accessories specialist based in Gummersbach, Germany, has filed for insolvency at the Cologne District Court. Hans-Gerd Jauch, attorney-at-law, Cologne, was appointed preliminary administrator of the company. Jobo Labortechnik GmbH & Co. KG is also insolvent.
Founded 1923, the family owned company made a name for itself with its legendary drum processing equipment. In recent years, Jobo adjusted to the technological change with the distribution of digital accessories, including a comprehensive range of digital picture frames. The company also developed the silver-halide based Lumejet digital minilab, which did not achieve the expected results.