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Lila Bäcker to be renovated under self-management

The Unser Heimatbäcker group of companies applied to the Neubrandenburg district court for self-administration restructuring. Lila Bäcker’s business operations will continue unchanged for all its 232 branches and 1,600 employees. The company is in talks with investors, with plans for Lila Bäcker to be renovated in-house.

The company has been facing increased pressure from the COVID-19 pandemic aftermath as well as increasing costs for raw materials and energy caused by the war in Ukraine. Added to these, inflation has been affecting customers.

The self-administration procedure offers great flexibility for the company to realign itself, its announcement details. The bakery is also looking for partners and negotiating with investors.

“We have already had promising discussions. The restructuring process allows us to continue these discussions and address other interested parties. We want to bring the renovation process to a successful conclusion. We have a great and motivated team with whom this path can be successful. And loyal customers we love to bake for, every morning! In our branches and cafés from the Baltic Sea to Berlin, we continue to offer the well-known range of fresh and regionally produced breads, rolls and baked goods. Business customers will also continue to be supplied,” explained managing director Viola Kaluza.

The internal restructuring affects the following four companies in the group:

  • Heimatbäcker Holding GmbH
  • Heimatbäcker GmbH
  • Mäkelbörger KuchenManufaktur GmbH
  • Heimatbäcker Logistik GmbH

Restructuring experts from Dentons will support the self-administration process.

Photo: Lila Bäcker