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After the bankruptcy – the traditional Bischoff brewery finally shuts down

Nicholas by Nicholas
October 27, 2022
in Tech
0

After the bankruptcy: the traditional Bischoff brewery finally shuts down operations

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The private brewery Bischoff had to finally stop operations around two months after the bankruptcy. The company announced this in a statement.

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Around two months after the private brewery Bischoff filed for bankruptcy, operations at the company from Winnweiler near Karlsruhe are now being completely discontinued.

As the “Lebensmittel Zeitung” reports, “the necessary investments for potential investors were too high”. Until the very end, the group hoped to be able to maintain production through a potential financier.

According to the company, the financial reserves had already been used up around a year and a half before the start of the insolvency proceedings. In the end, even the money for necessary repairs was no longer there.

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After the bankruptcy: the Bischoff brewery ceases operations

The managing partner Sven Bischoff named the corona lockdown in the catering trade and the rise in energy prices as a result of the Ukraine war as the reasons for the insolvency.

In addition, the brewery could not produce the amount of beer that would have been possible according to the actual orders due to a defective ammonia line for the cooling. According to Bischoff, the operation was no longer able to cover its costs.

The Group’s assets are now being sold so that creditors’ claims can be serviced.

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Gas consumption by German companies has fallen drastically – on the one hand because production is being shut down. But Germany’s economy is also discovering clever ways of using less energy. In the corporations, it’s time for inventors.

The original of this post “Bischoff traditional brewery is finally shutting down” comes from chip.de.

CHIP

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