Sweets dealers: Arko, Hussel and Eilles file for bankruptcy

by time news

2024-02-02 17:01:48

The confectionery, coffee and tea retailers Arko, Hussel and Eilles have filed for bankruptcy. The applications to the Norderstedt district court were published in the official insolvency portal. All three companies belong to the Deutsche Confiserie Holding.

The Hamburg lawyer Dietmar Penzlin has been appointed as the provisional insolvency administrator. This is the second insolvency procedure within a short period of time. In 2021, Arko, Hussel and Eilles filed for bankruptcy on their own as a result of the Corona crisis and were ultimately able to save themselves.

The northern German Arko GmbH as a coffee retailer, Hussel GmbH as a confectionery and confectionery specialist and Eilles GmbH & CO. KG, as a tea seller, has around 300 branches across Germany. A report from the Business Week According to this, the three companies with headquarters in Wahlstedt, Schleswig-Holstein, have around 1,200 employees. Their wages and salaries are now secured for three months through the insolvency benefit.

Arko and Eilles took over Hussel in September 2018. The merger should create “attractive economies of scale” and “foundation for shared growth.” Arko was founded in 1948 in Wahlstedt, Hussel in 1949 in Hagen. Eilles took over Arko from JJ Darboven in 2016.

The confectionery, coffee and tea retailers Arko, Hussel and Eilles have filed for bankruptcy. The applications to the Norderstedt district court were published in the official insolvency portal. All three companies belong to the Deutsche Confiserie Holding.

The Hamburg lawyer Dietmar Penzlin has been appointed as the provisional insolvency administrator. This is the second insolvency procedure within a short period of time. In 2021, Arko, Hussel and Eilles filed for bankruptcy on their own as a result of the Corona crisis and were ultimately able to save themselves.

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