Accuride restructures after filing for bankruptcy
By Luke Willetts - 26th May 2025
Geoff Bruce, interim CEO of Accuride
USA / Germany – In early 2025, Accuride Corp successfully completed its Chapter 11 restructuring, marking a significant transformation for the commercial vehicle wheel manufacturer. It previously shut down its European operations, Accuride Wheels Europe & Asia GmbH, which filed for insolvency on February 5, 2025, in Germany. Post-restructuring, Accuride has sharpened its strategic focus exclusively on the North American wheels segment.
According to the company, it eliminated over USD 400 million in funded debt and restructured approximately USD 170 million in additional obligations. To support its push into North American markets, Accuride “secured USD 70 million in asset-based lending and an exit facility exceeding USD 95 million from existing investors, including KKR and Guggenheim Partners.”
