It is already the second insolvency proceedings within a few years: the confectionery, coffee and tea companies Arko, Hussel and Eilles are bankrupt.
The confectionery, coffee and tea companies Arko, Hussel and Eilles of Deutsche Confiserie Holding have filed for bankruptcy. The applications to the Norderstedt district court were published on Friday in the official insolvency portal “Insolvency Notices”.
The Hamburg lawyer Dietmar Penzlin has been appointed as the provisional insolvency administrator. This is the second insolvency procedure within a short period of time. In 2021, Arko, Hussel and Eilles filed for bankruptcy on their own as a result of the Corona crisis and were ultimately able to save themselves.
The northern German Arko GmbH as a coffee retailer, Hussel GmbH as a confectionery and confectionery specialist and Eilles GmbH & CO. KG, as a tea seller, has around 300 branches across Germany.
According to a report by “Wirtschaftswoche”, the three companies headquartered in Wahlstedt, Schleswig-Holstein, have around 1,200 employees. Their wages and salaries are now secured for three months through the insolvency benefit.