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Hamburg – A shock for all lovers of fine pralines and handmade chocolates: after almost 100 years, Confiserie Paulsen faces an uncertain future. The management company filed for bankruptcy with the Hamburg District Court.
Managing director of Biebl Handelsgesellschaft mbH Kurt Biebl told BILD: “We will fight for the brand and the business and look for ways to save everything. The branches will remain open.”
So many employees were hurt
14 employees fear for their lives Vacancies. According to BILD, they were informed about the critical situation last Friday. Your wages for the next three months are covered by the insolvency benefit of the Federal Employment Agency.
Confiserie Paulsen’s assortment includes: praline, exquisite whole milk chocolate with almond pieces and marzipan.
Confiserie Paulsen has been producing products since 1928. Hamburg exquisite delicacies. Kurt Bible took over in 1998. Chocolates-The manufactory is owned by the founding family and has since operated a production site and several branches, including in the famous Hanseviertel shopping center. But then the traditional craft business ran into financial difficulties.
How the plant went bankrupt
Reasons for this insolvency The company’s problems are varied, including high raw material and energy costs and customer reluctance. “Cocoa prices have skyrocketed and trade has suffered Price pressure and the margins became smaller and smaller. I had to take action and seek advice.” Result: the manager pulled the handbrake.
The manufactory of the traditional craft business is located in the Hohenfelde district of Hamburg.
What happens to the company now?
Nils Krause from consultancy Ecovis has been appointed interim insolvency administrator. According to BILD, the lawyer is now considering various restructuring options, including the sale of property. corporate Maybe.
Paulsen isn’t the only victim of rising cocoa prices and weak demand. A The chocolate manufacturer from Werl (North Rhine-Westphalia) closes its factory. DreiMeister Spezialitäten GmbH & Co. KG filed for bankruptcy in May. But no investor was found. 101 employees will lose their jobs.