A well-established German furniture manufacturer has been successfully rescued from insolvency through a takeover agreement set to take effect on 1 March 2025. The company's operations will continue without restrictions, ensuring the retention of over 100 jobs at its Bad Saulgau location.
Photo: Staud Moebel.
Martin Staud GmbH, a brand with a history dating back to 1653, will now be led by entrepreneurs Tobias Fuhrmann and Karl Spielberger of Soleal Unternehmerkapital AG. The agreement was facilitated by insolvency administrator Dr Dietmar Haffa, who, alongside his team, worked to maintain operations and secure a sustainable solution.
Negotiations were described as complex and time-sensitive, with all stakeholders—including employees, customers, and suppliers—contributing to the outcome. Without this intervention, business operations would have ceased entirely. The necessary job cuts have been minimised to a low double-digit number.
The new ownership aims to provide long-term stability and strengthen the company's market position. Fuhrmann, who previously played a key role in the company's acquisition by an investment firm, expressed his commitment to restoring stability. Managing director Dirk Schmidtmeier highlighted the importance of workforce continuity in the company's restructuring, while Spielberger emphasised the brand's tradition, quality, and innovation.
With a strong management team and strategic expertise, the new owners plan to build on past successes and ensure sustainable growth.
Source: www.moebelmarkt.de