Beate Uhse AG

Restructuring of Beate Uhse successful

Insolvency plan entered into force – New start as “be you GmbH” under new ownership Flensburg, 20 June 2018 After the expiration of today’s final deadlines for objections against Beate Uhse AG’s insolvency plan and as the remaining formal hurdles have been removed, the company’s core has been saved. The company will continue as “be […]

Beate Uhse AG: Creditors’ meeting approves insolvency plan – important milestone in the restructuring of the Group

Flensburg, 04 April 2018 Beate Uhse Aktiengesellschaft (ISIN DE0007551400, WKN 755140) announces that today’s creditors’ meeting has unanimously approved the presented insolvency plan (AZ: 56 IN 230/17). The approval of the creditors was an important step in the planned restructuring of the Beate Uhse Group. A comprehensive financial restructuring of the Beate Uhse Group is […]

Beate Uhse AG: Subsidiary Beate Uhse Netherlands B.V. receives mass loan of EUR 5 million for further restructuring

Flensburg, 26 March 2018 Beate Uhse Aktiengesellschaft (ISIN DE0007551400, WKN 755140) announces that its subsidiary Beate Uhse Netherlands B.V., which is in self-administration in preliminary insolvency proceedings, has today been granted a mass loan of EUR 5.0 million. These funds are provided by Prime Capital Debt SCS, SICAV-FIS Robus Recovery Sub-Fund, which also granted Beate […]

Beate Uhse receives DIP-financing loan of around EUR 2.7 million

Flensburg, 9 January 2018 Beate Uhse Aktiengesellschaft (ISIN DE0007551400, WKN 755140), which is currently in preliminary insolvency proceedings as a debtor-in-possession (“DIP”), will receive a DIP loan of approximately EUR 2.7 million, which will be provided by Prime Capital Debt SCS, SICAV-FIS Robus Recovery Sub-Fund. The preliminary custodidan and the creditors’ committee have consented to […]

Beate Uhse AG: Initiation of the M&A process

Flensburg, 2 January 2018, Beate Uhse Aktiengesellschaft (ISIN DE0007551400, WKN 755140) announces that, with the approval of the creditors’ committee, the sale process for the company was officially initiated today, in parallel to the reorganization of the company under its own management as a debtor-in-possession; in addition, an M&A advisor was also mandated for this […]