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Feneberg Seeks Buyer Under Protective Shield as Stores Stay Open

A towering debt load with large pension obligations puts major creditors at risk in the restructuring.

Overview

  • Restructuring manager Stephan Leibold says the sales process is underway with bidders interested in the whole chain or selected assets.
  • The court appointed Prof. Dr. Martin Hörmann as provisional trustee, and voucher holders should register by email to receive claim instructions expected in April 2026.
  • ver.di warns of likely job cuts and closures, while the company says no closures are planned for key Allgäu sites named by its general representative.
  • Edeka Südbayern’s roughly €30 million in loans and trade credit faces potential write-down depending on the sale outcome.
  • Operations continue across roughly 70–75 stores with about 3,000 employees, wages are currently covered by insolvency benefits, and vouchers are not being accepted.