The meat producer Chiemgauer Naturfleisch GmbH has filed for bankruptcy. However, operations at the group should continue as normal.
Chiemgauer Naturfleisch GmbH is insolvent. As the “Lebensmittel Zeitung” reports, the organic meat producer from Trostberg is currently working with lawyers to draw up an insolvency plan. Meanwhile, operations continue.
In 2020, the company was still one of the winners of the Corona crisis and was able to increase its sales by 15.5 percent compared to the previous year to 22 million euros. Due to the strong inflation, however, the liquidity was used up in the past few months and going to the insolvency court became inevitable.
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Chiemgauer Naturfleisch GmbH is insolvent: Customers are increasingly buying organic from discounters
According to managing director Thomas Reiter, it was hardly possible to pass on the exploding costs to customers. Because of the current situation, customers are already very price-sensitive. When in doubt, consumers increasingly turn to cheaper products from supermarkets and discounters. The specialist trade is at a disadvantage.
Organic food manufacturers have had to file for bankruptcy several times in recent months. Among other things, the health food chain Bacher saw itself forced to take this step.
