2024-06-20 07:16:31
A producer of celebration objects and ornamental supplies in Baden-Württemberg has filed for chapter. An try might be made to restructure the corporate.
A producer of celebration equipment with a complete turnover of 80 million euros has filed for chapter. The corporate Amscan Europe GmbH is predicated in Kirchheim unter Teck in Baden-Württemberg and has round 200 staff. Based on the insolvency administrator Steffen Beck, nevertheless, enterprise operations will initially proceed.
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The salaries of the staff are secured by the insolvency cash, based on a press release from Pluta Rechtsanwalts GmbH. “Along with my group, I’ll now discover out extra in regards to the firm’s monetary scenario. As quickly as we now have an preliminary overview, we’ll provoke the subsequent steps of the restructuring,” stated Beck.
The corporate’s headquarters features a 300 sq. meter showroom with merchandise reminiscent of balloons, decorations for birthdays and different occasions, and confetti cannons.
Amscan is a part of the Marvel Group, one of many world’s largest producers of decorations and celebration objects. The group contains wholesalers, retail manufacturers and producers everywhere in the world. The group has additionally filed for insolvency within the UK. Based on the corporate, one purpose is a world decline in demand for costumes and different celebration objects.