Since 1887, in family hands: Upper Franconian brewery files for insolvency - Historic Leikeim Brewery files for insolvency after 137 years in business
Leikeim Brewery, a family-run business in Altenkunstadt since 1887, has filed for self-administered insolvency. The move follows a prolonged liquidity crisis caused by falling sales and rising costs. Around 100 employees currently work at the Upper Franconia-based brewery.
The brewery’s financial struggles stem from a sharp drop in revenue over recent years. Germany’s beer market has faced declining consumption for some time, while raw material prices have kept climbing. The economic impact of the COVID-19 pandemic added further pressure.
To counter these challenges, Leikeim Brewery expanded exports, invested in non-alcoholic drinks, and cut costs. However, these steps were not enough to stabilise finances. The company now enters a restructuring phase under self-administration, allowing current management to stay in charge while working with a court-appointed supervisor. Production and operations will continue as usual during this process. The brewery aims to explore all possible restructuring options while maintaining its workforce and output.
Self-administered insolvency gives Leikeim Brewery a chance to reorganise under existing leadership. The process focuses on securing the company’s future amid a tough market. Employees and production remain unaffected for now as restructuring plans develop.
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