B2B Wholesale & Distribution in Germany: Insolvency.
QYMATIX
OCTOBER 16, 2023
The investor Fischer Group acquired the machines of the insolvent Ludwig Leuchten GmbH in an asset deal in February 2023. Despite surviving World War II, the Berlin Wall, and the 2009 crisis, it could not withstand insolvency. As a result, they are struggling to compete and are facing rising costs and lower profit margins.
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