Friday , November 15 2019
Home / austria / Real acquisition: Rosenberger rescued by Burger King

Real acquisition: Rosenberger rescued by Burger King

DISTRICT "Rosenberger's investment search has ended successfully. Burger King Austria rescues Rosenberger. Contracts remain new to the press," reports Stephan Mazal of the Austrian Creditreform. The TQSR restaurants will assume the actions of Rosenberger. Burger King Franchise operates 50 Burger King restaurants in Austria and employs 450 people.

Begin with Burger King

Rosenberger begins again with Burger King. With gastronomic knowledge and new concepts, the service areas are outdated for the future, "says Stephan Mazal of Creditreform.

The transaction volume is 40 million Euros. In this way, 30 million euros will be invested in the service areas. The rest flows towards the purchase price and the shares of the renewal plan.

The Rosenberger brand must be kept

In 2-3 years, modernization must be implemented. The newer audience should be approached with new products such as vegetarian food, ice cream or "Rosenburger". The Lindach site in Upper Austria is closed. Affected are 19 employees.

The investor plans to reopen the Hague location. With what gastronomic concept is still open. The operator of the motorway service station has been in a positive way since bankruptcy was opened for the purpose of remodeling.

Parallel to the continuation of insolvency administrator, Rosenberger Holding, as the owner of the fraudulent Rosenberger Restaurant GmbH, was looking for a buyer. The purpose of the sale process at Rosenberger Holding was the sale of the shares at Rosenberger Restaurant GmbH, based in Loosdorf, to an investor. At the first meeting of February 12, 2019, 683 creditors, including 420 employees, registered loans amounting to 23.7 million euros. Creditors will vote for the recovery plan on March 12, 2019.

Source link