Hesse: Provisional insolvency administrator from Biuno confident

Giessen (dpa/lhe) - According to the provisional insolvency administrator, the restructuring of the Giessen organic wholesaler Biuno is progressing.

Hesse: Provisional insolvency administrator from Biuno confident

Giessen (dpa/lhe) - According to the provisional insolvency administrator, the restructuring of the Giessen organic wholesaler Biuno is progressing. Both strategic and financial investors have expressed their interest, said Michael Lojowsky from the Schultze law firm

According to the information, the end of the cooperation with a major customer was the main reason for the economic difficulties of the organic wholesaler with 85 employees and led to significantly fewer orders. Potential investors can submit their binding offers until mid-July. The process could therefore be completed in the course of the summer.