Musical instrument store Bax Music goes bankrupt, union hopes for restart

Popular music company: Bax Music quickly grew into one of the largest music wholesalers in the Netherlands and Belgium. But in the background, the…

Bax Music has been declared bankrupt by the court. The company filed for a suspension of payments last week. Bax Music is one of the largest stores for musical instruments and equipment in Europe. The company had been struggling with financial problems for some time. For example, it had a debt to the tax authorities as a result of the corona pandemic. A fire in a building in Goes two years ago is also said to have caused financial problems. Bax …

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Musical instrument seller Bax Music was declared bankrupt on Tuesday, the Zeeland-West-Brabant court reports. The originally Zeeland company filed for suspension of payments at the end of last week, which is often a precursor to bankruptcy.

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