03 Jan: Lila Bäcker keeps 160 branches open, seeks investors

The Neubrandenburg district court opened insolvency proceedings over the assets of Unser Heimatbäcker GmbH – Lila Bäcker, on January 1, after failed negotiations with investors regarding an overall solution for the bakery with 232 branches and 1,600 employees. Insolvency administrator Christian Graf Brockdorff continues to operate 160 branches in which other investors are interested.