Continuation solution for a secure future

Karben, 1st April 2026 – König + Neurath AG has reached an agreement on a sustainable going concern plan as part of its ongoing self-administered restructuring proceedings. The financing of the plan is secured. This lays the foundation for the sustainable continuation of the company and a return to normal operations.

The jointly developed restructuring plan is based on a balanced contribution from all parties involved. The aim is to strengthen the company’s competitiveness in the long term, secure its financing for the long haul and consistently implement its strategic realignment.

The continuation concept is based on three central components:

• 1. Entrepreneurial responsibility of the shareholder family

The shareholder family intends to continue the business as part of the restructuring, thereby making a clear commitment to the location, the brand and the long-term prospects of König + Neurath. Part of this solution is a financial contribution in the form of a purchase price as well as additional investment funds.

• 2. Financial support from financing partners

The financiers will provide the necessary liquid funds within the framework of a viable overall structure. The financing is based on standard, secured loan agreements in line with market conditions and lays the foundation for stability and investment capacity in the coming phase.

• 3. Contribution from the workforce and structural adjustments

Structural adjustments are essential to ensure the company’s continued existence. This includes a socially responsible reduction in the workforce, which will enable around 700 jobs to be safeguarded. For those employees affected by the measures, a transition to a transfer company is planned. This offers training opportunities, individual counselling, support with career reorientation and placement in new employment for a defined period. The aim is to provide the best possible support for the transition to new career prospects and to mitigate social hardship.

Furthermore, as part of the negotiated social plan and reconciliation of interests, the remaining employees will make a financial contribution, including through adjustments to special payments and the postponement of collectively agreed pay rises. These measures are necessary to ensure the company’s long-term competitiveness and to safeguard the remaining jobs in the long term.

The aim of the agreement reached is to conclude the restructuring proceedings under self-administration as planned and to return to normal business operations. Operational business continues without restriction. Customers, specialist retail partners and suppliers can continue to rely on performance, quality and reliability in the future. König + Neurath remains a driving force for future-proof, sustainable working environments.

Quote from Patrick Heinen, CEO: “The agreement reached is an important signal for the future of König + Neurath. It shows that all parties involved have taken responsibility and worked together to develop a viable solution. The cuts are painful, but they lay the foundation for a stable fresh start. We would like to thank our employees, our financing partners and the shareholder family for their clear commitment to the company and to the Karben site. We are now looking ahead and strengthening our role as a driving force for future-proof, sustainable working environments.”