Investors led by Quantum Capital Partners AG acquire the bakery chain Lang

On 13 July 2015, the creditors of the insolvent Lang bakery unanimously accepted the takeover bid from an investor group consisting of Quantum Capital Partners, the previous shareholders Carl Peter and Christian Dinkelacker, and ASW Capital GmbH.

The insolvency administrator’s restructuring concept has now largely been implemented. The bakery group currently runs 118 stores and employs a total workforce of 440. Max Lang Bäckerei-Konditorei GmbH & Co.KG and Bäckerschmiede GmbH are now operating as the newly established Bäckerei Lang GmbH. While the insolvency plan is being implemented, sales remain stable and major clients’ confidence in the company has been maintained.

Quantum Capital Partners firmly believes in the concept in place; the holding has confidence in the long-term success of the measures put in place. The new shareholders are investing in the modernisation of the production site in Freiberg (district of Ludwigsburg), and are scrutinising existing procedures. For even fresher products, the company is shifting more processes to the individual stores.

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