The confetti cannon stays empty for now: a celebration provides producer in Baden-Württemberg is bancrupt

2024-06-20 00:50:31

A producer of celebration provides and ornamental supplies in Baden-Württemberg has filed for chapter. A renovation needs to be tried.

A producer of celebration provides with a complete turnover of 80 million euros insolvency Registered. The corporate Amscan Europe GmbH relies in Kirchheim unter Teck in Baden-Württemberg and has round 200 workers. In accordance with insolvency administrator Steffen Beck, enterprise operations will initially be continued.

The workers’ wages are secured by means of the insolvency cash, in line with an announcement from Pluta Rechtsanwalts GmbH. “Along with my workforce, I’ll now get hold of complete details about the corporate’s monetary state of affairs. As quickly as now we have a primary overview, we’ll provoke the following steps within the restructuring,” stated Beck.

On the firm’s head workplace there may be, amongst different issues, a 300 sq. meter showroom with merchandise reminiscent of balloons, decorations for birthdays and different occasions in addition to confetti cannons.

Amscan is a part of the Surprise Group, one of many world’s largest producers of ornament and celebration provides. The group contains wholesalers, retail manufacturers and producers worldwide. The group additionally has in Nice Britain filed for chapter. In accordance with the corporate, one cause is a world decline in demand for costumes and different celebration gadgets.

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