{"id":47984,"date":"2025-04-28T08:44:14","date_gmt":"2025-04-28T08:44:14","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=47984"},"modified":"2025-04-28T08:44:14","modified_gmt":"2025-04-28T08:44:14","slug":"konradin-druck-gmbh-needs-to-be-restructured","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/konradin-druck-gmbh-needs-to-be-restructured\/","title":{"rendered":"Konradin-Druck GmbH needs to be restructured"},"content":{"rendered":"<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"36\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><strong>Lawyer Tobias Wahl appointed as provisional insolvency administrator\u00a0<\/strong><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"36\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><strong>Business operations at Konradin-Druck continue without restrictions\u00a0\u00a0\u00a0<\/strong><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"36\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><strong>Crisis also due to decline in orders from the supplier sector of the automotive industry\u00a0<\/strong><\/li>\n<\/ul>\n<p><!--more--><\/p>\n<p><b><span data-contrast=\"none\">Leinfelden-Echterdingen\/Mannheim, 06.03.2025. <\/span><\/b><span data-contrast=\"none\">Konradin-Druck Company with limited liability from Leinfelden-Echterdingen has fallen into a serious economic crisis. For this reason, the company has filed for insolvency at the Esslingen Local Court. The Esslingen Local Court agreed to this application and appointed attorney Tobias Wahl from the law firm Anchor Rechtsanw\u00e4lte as provisional insolvency administrator on 26.02.2025.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">One of the most efficient web offset printers<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Konradin-Druck Company with limited liability (Konradin Druck) operates a large printing plant in Leinfelden-Echterdingen (www.konradin-druck.de). It produces print products using web and sheet-fed printing processes. The company is one of the most efficient web offset printing plants in Germany. With an innovative prepress and in-house finishing, the company offers its customers short throughput times and optimized processes. The company most recently generated annual sales of around EUR 25 million and currently employs around 110 people.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Business operations continue without restrictions\u00a0\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Together with the management and his team, the provisional insolvency administrator Tobias Wahl and <\/span><span data-contrast=\"none\">attorney Gregorio Calocero<\/span><span data-contrast=\"auto\"> have succeeded in stabilizing business operations. This required <\/span><span data-contrast=\"none\">intensive discussions with customers and suppliers, but these were successful. The continuation of business operations creates a decisive basis for a successful restructuring. &#8220;We would like to thank our customers and suppliers who continue to place their trust in us in this difficult phase and continue to work with us,&#8221; says Konradin Managing Director Gerd Lutzeier.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Affected by the crisis in the automotive supply industry<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The reasons for the economic difficulties are, among other things, the industry-wide crisis in the printing industry, which has been going on for some time. In the case of Konradin Druck, the insolvency of a large regular customer was another aggravating factor. In addition, the company is disproportionately affected by the crisis in automotive suppliers and the resulting decline in sales. Many of Konradin Druck&#8217;s customers come from the automotive industry. &#8220;We are trying to find a restructuring solution for Konradin-Druck. One of the possible scenarios is the entry of an investor in order to be able to ensure a permanent continuation in this way,&#8221; explains the provisional insolvency administrator Tobias Wahl from Anchor Rechtsanw\u00e4lte.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Team Anchor Rechtsanw\u00e4lte<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Tobias Wahl (provisional insolvency administrator), partner, attorney<\/span><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Vincenz von Braun, Partner, Attorney\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Gregorio Calocero, Counsel, Attorney\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Nadine Sigg-Mayer LL.M., Business Lawyer<\/span><span data-ccp-props=\"{&quot;201341983&quot;:1,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:240,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-47984","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/47984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=47984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}