Insolvency likewise for Max Bahr

Max Bahr, the second sales channel of the German Praktiker Group, is now also insolvent. The positive forecast for the continuation of the stores has ceased to apply since a merchandise underwriter failed to abide by the agreed provision of security for suppliers, according to an announcement from the parent company. This means there is no longer any guarantee of a reliable supply of goods to the Max Bahr stores. The message also says that the group’s international business continues to remain unaffected by the insolvency proceedings.