RAHDEN, GERMANY—  Kolbus bindery equipment manufacture  has entered a self-administration process to allow the business to restructure under the German equivalent of creditor or bankruptcy protection. Kolbus said the process provided the necessary flexibility for a sustainable restructuring to take place, “in the interests of the community. workers, creditors, suppliers and service providers as well as customers”. The receiver said “Our top priority is to preserve the substance of the company and create a sustainable foundation for the future”. Family-owned Kolbus has a history dating back 249 years. In recent years the firm has switched its emphasis to packaging. It sold its perfect binding and book line business to Muller Martini six years ago. Kolbus acquired corrugated box manufacturer AutoBox Machinery. Kolbus has focused on equipment for automated box production for luxury packaging, retail packaging, corrugated box making, specialist kit for games manufacturing and for making book and notepad cases.