The one belonging to the insolvent Signa Holding of the Tyrolean investor Rene Benko Tennis sports supplier Tennis-Point is by one Group taken over by investors. The investor consortium led by Orlando Capital V and with the participation of company founder Christian Miele will continue the business.
The Tagesspiegel app brings current news, background information and analyzes directly to your smartphone. Plus the digital newspaper. Download for free here.
The investors had concluded a corresponding agreement with the insolvency administrator of Tennis-Point GmbH, Christian Gerloff, he announced on Monday. Also the Sales companies in the USA and France are about to be taken over by investors. Around 700 employees from Tennis-Point are affected by the plans.
Signa Sports United hatte Filed for bankruptcy at the Bielefeld district court at the end of October. It is the parent company of dozens of online retailers in the sporting goods market such as Tennis-Point. Later, the parent company Signa Holding and other companies from Benko’s Signa empire also filed for insolvency. (Reuters)
2024-01-08 14:17:33
#Investors #Signa #subsidiary #TennisPoint
