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Automotive supplier from Baden-Württemberg: Insolvency administrator sees light at the end of the tunnel

2024-02-26T14:42:42.151Z

Highlights: Automotive supplier from Baden-Württemberg: Insolvency administrator sees light at the end of the tunnel. Allgaier's headquarters in Uhingen (Göppingen district) seems to be secured for the coming years. However, the search for a suitable investor continues. A final conclusion to the negotiations is not expected in the next few weeks. An investor took over Allgaiers' litigation division “at the last minute’ at end of 2023.



As of: February 26, 2024, 3:26 p.m

By: Julian Baumann

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The insolvency administrator of Allgaier-Werke sees light at the end of the tunnel (archive image).

© Marijan Murat/dpa

After constructive discussions with car manufacturers, there is hope for Allgaier.

The headquarters seems to be secured for the coming years.

Stuttgart - The future of the automotive supplier Allgaier seems secure, at least for the next few years.

Michael Pluta, the company's insolvency administrator, expressed positive prospects for the headquarters in Uhingen (Göppingen district) after constructive discussions with car manufacturers.

However, the search for a suitable investor continues.

A final conclusion to the negotiations is not expected in the next few weeks.

At

BW24

you can read why the insolvency administrator sees light at the end of the tunnel and what that means for over 700 employees.

An investor took over Allgaier’s litigation division “at the last minute” at the end of 2023.

The editor Julian Baumann wrote this article and then used an AI language model for optimization at his own discretion.

All information has been carefully checked.

Source: merkur

All news articles on 2024-02-26

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