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The History and Downfall of a German Wholesale Company “Wollschläger” – Part 4

QYMATIX

He wrote that negotiations had been held. Sanistål company had officially “abandoned negotiations to purchase activities from Wollschläger”. The letter had only two lines of text: “Due diligence has been carried out, and further negotiations have been conducted with the receiver. Due diligence was pending.

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B2B Wholesale & Distribution: Challenges and Triumphs of Industrial Wholesale Companies Facing Insolvency in Germany

QYMATIX

Despite surviving World War II, the Berlin Wall, and the 2009 crisis, it could not withstand insolvency. As the clock ticked closer to Insolvency, Eisenmann SE engaged in intense negotiations with a state-owned Chinese engineering group. Ultimately, the insolvency dismantled Eisenmann SE since no investor emerged to save the company.

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