Bathroom Furniture Manufacturer Files for Insolvency - Investors Sought for Business Rescue

A well-known manufacturer of bathroom furniture, Heibad Badmöbel Vertriebs GmbH, has filed for preliminary insolvency at the Nuremberg District Court. The announcement was made on May 5, 2025, indicating that the company is seeking to restructure its operations under the supervision of an appointed insolvency administrator.

The insolvency process affects approximately 120 employees, although the company has confirmed that business operations will continue as usual during this period. The insolvency administrator, Peter Roeger from Pluta Rechtsanwalts GmbH, has assured that salaries and wages for the months of April, May, and June will be covered by insolvency benefits.

The financial difficulties faced by Heibad stem from a decline in orders and challenging market conditions, which led to a liquidity crisis. To address this situation, the company plans to engage in a structured mergers and acquisitions process to find suitable investors or partners who can help stabilize and revitalize the business.

Roeger expressed optimism regarding the future of Heibad, stating that the company has a solid foundation. Discussions with employees and the management team have been constructive, focusing on finding viable solutions. The goal now is to create pathways for recovery and establish the groundwork for a successful restructuring.

In a similar vein, the management team views the insolvency filing as an opportunity to stabilize the company and reposition it for the future. They are committed to working closely with the insolvency administrator to ensure the long-term viability of the business.

Founded in 2000, Heibad started as a trading company for bathroom furniture. In recent years, it expanded its operations to include the production of high-quality bathroom fixtures in a state-of-the-art facility located in Heideck, covering an area of around 10,000 square meters.

As the situation develops, stakeholders are hopeful that the intervention of potential investors will lead to a positive turnaround for this longstanding German company.