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Daily News 4 July 2009

Franke & Heidecke to close

The German manufacturer responsible for 6x6 format camera bodies for both Leaf and Sinar is to close, BJP can confirm. The firm broke the news to its 131 employees earlier this week. The closure could dramatically affect the medium format camera market, days after Phase One announced it would buy Leaf's assets

Franke & Heidecke owns and develops new products for the legendary Rolleiflex twin-lens camera system, but it also produces a 6x6 format camera body for both Leaf and Sinar, named the AFi and the Hy6 respectively. Last March, it announced that it was going into insolvency, saying it couldn't pay its bills.

BJP can now confirm that Franke & Heidecke will close its operations before September 2009. In the meantime, servicing and back orders will continue to be fulfilled, according to press reports in Germany.

Leaf and Sinar didn't return call and email queries as this article was published, however it is understood that Sinar still has significant stocks of its Hy6 system and shouldn't be affected, in the short term, by the closure.

As for Leaf, last week Phase One announced it was to form a new company, Leaf Imaging Ltd, which would purchase Leaf's assets and enter into an intellectual property licence with Eastman Kodak Company.

However, in a wide-ranging interview with BJP, Henrik O Hakonsson, president and CEO at Phase One said that the new partnership could spell the end of the AFi system. 'The Leaf AFi is a camera system that is currently on hold,' he tells BJP. 'We have to determine if it is commercially viable and we are still not convinced by it. The new company - Leaf Imaging Ltd - has the rights for the Leaf AFi but we are not going to produce it.'

Franke & Heideke's closure could quicken Leaf's AFi death, unless Phase One decides to produce and support the system on its own.

The full effect of Franke & Heidecke's demise has yet to be felt as it could force another wave of consolidation in the medium format camera market. Check back on bjp-online.com/news for regular updates.

RELATED ARTICLES
Franke & Heidecke: Leaf confirms AFi camera on hold [06 July]
Franke & Heidecke: Sinar reacts to news of closure [06 July]
Future uncertain for Leaf's AFi [01 July]
Leaf and Sinar: business as usual [18 March]

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