Ahlers AG: Ahlers AG files for insolvency

April 24, 2023

The Management Board of Ahlers AG today decided to file for insolvency for Ahlers AG as well as for the subsidiary Ahlers P.C. GmbH due to imminent insolvency. In addition, insolvency applications will also be filed for six other Group companies (Ahlers Retail GmbH, Ahlers Zentralverwaltung GmbH, Ahlers Vertrieb GmbH, Pionier Berufskleidung GmbH, PIONEER Jeans-Bekleidung GmbH, Baldessarini GmbH). Other subsidiaries, in particular the companies from abroad, are currently not affected by the application. The business operations of the Ahlers Group will continue until further notice.

The application for insolvency was mainly triggered by the fact that business development in the past months was below plan in the face of persistently volatile demand and a general reluctance to buy and consume, which had a corresponding impact on the company’s liquidity. Negotiations held up to the end about securing corporate financing even under the current market conditions did not lead to a positive result.

Against this background, it is intended to postpone the Annual General Meeting of the company convened for 3 May 2023.

Related Articles

Bavaria’s security boost: €4 million for cameras and drone defence

Bavaria’s security boost: €4 million for cameras and drone defence

With the Bavarian state government's latest decision to increase investment in video surveillance and drone defence by more than €4 million, Bavaria is sending a clear signal: the safety of its citizens will remain a top priority in the future. This strategically...

Ruhrverband protects critical water infrastructure with eCLIQ

Ruhrverband protects critical water infrastructure with eCLIQ

Our modern society is based on a complex network of indispensable facilities and systems. These critical infrastructures, or KRITIS for short, form the backbone of daily life and public safety. They include vital sectors such as energy supply, transportation, food...

Share This