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After bankruptcy: Several investors interested in Maisach Brewery

2024-01-31T14:59:29.982Z

Highlights: After bankruptcy: Several investors interested in Maisach Brewery. As of: January 31, 2024, 3:48 p.m By: Helga Zagermann CommentsPressSplit Production continues in the brewery. Progress is being made on the way to a restructuring concept for the insolvent Maisacher brewery. There are several potential investors from the brewing industry and other areas. MaisACH – At the same time, brewery managing director Michael Schweinberger is pushing the cooperative idea forward.



As of: January 31, 2024, 3:48 p.m

By: Helga Zagermann

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Production continues in the brewery.

© zag

Progress is being made on the way to a restructuring concept for the insolvent Maisach brewery: There are several potential investors from the brewing industry and other areas.

Maisach – At the same time, brewery managing director Michael Schweinberger is pushing the cooperative idea forward.

He coordinates with the insolvency administrator Hanns Pöllmann several times a day.

There was smoke coming from the brewery's chimney on Wednesday lunchtime: all employees (they receive their full salaries from the employment agency until the end of March) are still on board, production is running.

Private customers in stores and around 40 restaurant owners who serve Maisacher beer are supplied.

Three loan creditors

The restructuring concept for the current GmbH must be in place by April so that things can continue afterwards.

The insolvency proceedings run separately from this: the insolvency assets must be determined.

According to Schweinberger, there are three loan creditors plus a bank, plus around 400 investors who donated a total of 420,000 euros as part of crowdfunding.

Crowdfunding

They, and Schweinberger is being honest, will probably not see any more of their money: they received their return in the form of profit participation certificates, but these are no longer valid.

The 62-year-old reports that some small investors are very angry because of this, but the majority are sad and understanding.

Schweinberger hopes that he can partially compensate the small investors within the framework of a cooperative if this solution is chosen.

The fact is: they have no financial demands.

Crowd investing is a risky business: the insolvency of a company can lead to the total loss of the investment.

Open invoices

The brewery has outstanding invoices from around 30 suppliers.

Since mid-December, larger amounts (from 5,000 euros) could no longer be paid, and from January even medium-sized amounts could no longer be paid.

Only small sums flowed in the end.

All demands are currently on hold, reports Schweinberger.

The insolvency advisor will inform the creditors what happens next.

Production continues

Production continues so that money comes in until the renovation concept is in place.

Schweinberger says that we have to position ourselves differently, improve production processes, modernize buildings to make them more energy efficient - and the brewery will probably shrink down to health.

If things don't work out with an investor, the idea is to set up a cooperative.

Potential comrades will soon be able to express their interest on a website.

Schweinberger, who used to run a winery cooperative, is in contact with the cooperative association, the Bavarian Brewers' Association and the monastery brewery in Reutberg (Bad Tölz-Wolfratshausen district), which is considered a model brewery cooperative, because of the insolvency.

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You can find even more current news from the Fürstenfeldbruck district at Merkur.de/Fürstenfeldbruck.

Source: merkur

All news articles on 2024-01-31

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