The online retailer had to file for bankruptcy last fall. Now the search for a new investor has finally failed. Processing and sales have begun.

The baby article online shop had to file for bankruptcy last fall after talks with potential financiers broke up. The company announced in Munich at the time that negotiations with several investors had failed. For this reason, additional funds required could no longer be covered by external donors.

The Management Board therefore came to the conclusion that the forecast for the continued existence of the company can no longer be maintained. Accordingly, an application was made to open insolvency proceedings for SE, but at the same time new investors were still being sought. The website was not available at the time “due to maintenance work”. The site is now available again. The sale of the remaining goods has started.

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As the “Handelsblatt” currently reports, the insolvency administrator Meinert Willrodt said that no new investor could be found. “A sale is planned for the coming weeks and months. Operations will then have to be shut down.” In July 2022, a planned capital increase failed. Two investors originally wanted to acquire new shares for up to EUR 5.5 million as part of the measure. went public in 2015 and took in 211 million euros. However, the hype surrounding the company was short-lived. This week the share price was only 16 cents.

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