Muesli manufacturer BRüSLi goes on strike after bankruptcy at the end of last year. But there is still much to do for the bankruptcy trustee. A buyer for the brand is still being sought.
871 Broadway in Brooklyn, a borough of New York – that is where the company is located where visitors come to when they visit the website www.bruesli.com. Vases and table lamps are touted online here – pieces with a sense of design but a contrast to the past. Because: until the end of last year, the link led directly to BRüSLi, a muesli brand that had processed excess bread.
Then came the shock five days before Christmas: Insolvency proceedings were opened for the food manufacturer founded by Sarah Lechner from Obernberg am Inn and her partner Michael Berger from Vienna. A combination of higher raw material prices and a more difficult market situation due to inflation led to the end.
Debt mountain is 400,000 euros high
Lawyer Günther Hödl, who was appointed liquidator, closed the company and BRüSLi has been quiet ever since. There will be another court hearing next week. According to Hödl, however, this has to do with the fact that some claims from creditors were delayed.
The mountain of debt should ultimately be around 400,000 euros. The bankruptcy trustee converts what is possible into money for the creditors: for example, the BRüSLi brand is available – a buyer is being sought. “There are several interested parties,” says Hödl. “From today’s perspective, creditors can only expect a small, single-digit percentage,” said Jürgen Gebauer of KSV 1870.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
