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In Self-Direction: Parent Company of Hammer and Schlau Announces Insolvency

Summary by www.t-online.de
The parent company of the retail chains Hammer and Schlau is to be renovated in self-management. 3,900 employees are affected. The company continues to run normally for the time being.

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The parent company of the retail chains Hammer and Schlau is to be renovated in self-management. 3,900 employees are affected. The company continues to run normally for the time being.

There are around 50 hammer markets and more than a dozen building markets of the brand Schlau in Thuringia, Saxony-Anhalt and Saxony. The parent company now announced insolvency. The operation should continue for the time being.

Insolvency in the construction market sector: The dealer Brüder Schlau, known for space equipment, is broke. As it goes on for the 240 branches, it is unclear.

Just now, Brüder Schlau has sold six properties by Sale and Leaseback. Now, the trading company from Porta Westfalica is filing an insolvency application.

ikz-online.deikz-online.de
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The economic crisis leaves its mark. Hammer has now filed for insolvency with one of the larger DIY chains.

The economic crisis leaves its mark. Hammer has now filed for insolvency with one of the larger DIY chains.

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wr.de broke the news in on Friday, June 27, 2025.
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