ROTOR, a renowned Spanish manufacturer of high-end bicycle components, is urgently seeking new investment to avoid bankruptcy and safeguard the jobs of its 70 employees near Madrid.

The company filed for insolvency with Spanish authorities in March 2026 after its main shareholder, Chinese group LANXI WHEELTOP, withdrew from a planned 1 million euro capital injection that was part of a December 2025 restructuring plan.

The failed capital raise has alarmed banks and suppliers, who have not recovered outstanding payments, and has put the company at risk of halting operations and workforce layoffs.

ROTOR has faced ongoing challenges since the COVID-19 pandemic, including a declining order backlog, workforce reductions, and the closure of subsidiaries. Despite these difficulties, ROTOR says it remains a leader in innovation and quality within the professional cycling industry, known for its premium cranksets and drivetrain solutions.

ROTOR’s restructuring plan included partial debt waivers, rescheduling, divestments, and a significant capital increase from WHEELTOP, which had acquired a majority stake in 2024.