The home fitness specialist announces that a purchase agreement for Kettler has been signed with the investor Lafayette Mittelstand Capital.
After Kettler in July but again in an insolvency In July, Kettler was once again forced into insolvency in self-administration, and at the beginning of November the company was on the verge of going out of business, as the potential Luxembourg investor Altera Capital dropped out without further ado due to disagreements. Only by an interim financing of the donation, whose powerful Kuratorium was recalled in the meantime by the district government Arnsberg, could be prevented proverbially in last minute that in Ense Parsit the lights go out for ever, it is called in a report. The time thus gained could now be used to find a new investor for the company.
According to Kettler, a purchase agreement has been signed with the Luxembourg-based investment company Lafayette Mittelstand Capital for the assets of the leisure products manufacturer Kettler with its garden furniture, sports and fitness equipment divisions, including the brand and licensing rights. Of the just over 700 jobs currently held by Kettler GmbH at the plants in Werl and the head office in Ense, 500 are to be transferred to the new "Kettler Group".
New and used fitness equipment from Kettler you can also find on fitnessmarkt.de!
Source: Bodymedia
Image Source: Kettler
Published on: 18 January 2019