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Traditional butcher from Braunschweig: bankruptcy and impending changes!
FDBS Fleischer-Service from Braunschweig files for bankruptcy. Causes: market changes, increased costs. Employees covered until the end of 2025.
Traditional butcher from Braunschweig: bankruptcy and impending changes!
The news from the food industry in Braunschweig today is less positive: FDBS Fleischer-dienst Braunschweig eG has filed for bankruptcy. The company, which has been supplying restaurateurs, butcher shops and retailers in the region for over 100 years, was forced to take this step. The Braunschweig District Court has already opened insolvency proceedings and appointed Tobias Hartwig from the law firm Schultze & Braun as provisional insolvency administrator. Despite this difficult situation, deliveries to customers remain unrestricted and new orders are also being accepted, as news38.de reports.
The company employs around 100 people, whose wages and salaries are guaranteed until the end of the year. The board of directors and the insolvency administrator have already informed the employees about the situation and are planning to develop a restructuring concept. FDBS offers over 15,000 items, including fresh meat, sausage, cheese, salads, fruit, vegetables, packaging and cleaning products, and generates an annual turnover of over 30 million euros.
The challenges of the industry
The bankruptcy of FDBS is not just an isolated case. Like many other companies, the food specialist struggled with consumer restraint, increased energy and material costs and changes in the market environment. A particularly critical point was the short-term adjustment of the payment terms of an important industry partner, which led to significant liquidity problems that could no longer be overcome without insolvency proceedings. This represents a challenge that many companies face in the current economic situation, as pleiticker.info emphasizes.
In Germany, the number of bankruptcies has risen continuously in recent years. Around 21,812 companies filed for bankruptcy in 2024, an increase of 22.4% compared to 2023. This development is largely due to the after-effects of past crises and the ongoing economic challenges, as shown by statistics from ifm-bonn.org.
A possible outlook
The good news for FDBS is the strong regional roots in the food industry, which is seen as the basis for a possible recovery. The management and the insolvency administrator are currently examining the overall economic situation and developing approaches to stabilize operations. Going through the insolvency process could give the company the structure it needs to reposition itself financially and still shape the future positively.
What happens next remains to be seen. But one thing is certain: we will continue to keep an eye on the developments surrounding FDBS and the entire industry in the future, because there is something in the air here.