Bakery oven manufacturer WACHTEL seeks restructuring in self-administration
Continuation of business operations and investor process planned Düsseldorf Local Court grants application under Section 270a of the Insolvency Code Special situation due to skyrocketing material prices and due to decline in orders from the energy-intensive bakery industry Dr. Christian Gerloff from Munich-based law firm Gerloff Liebler joins the management board as Chief Restructuring Officer (CRO) Hilden, December 6, 2022 - WACHTEL GmbH, an international premium manufacturer of ovens and refrigeration systems for bakeries, is seeking restructuring and realignment in self-administration. [...]