Lielje Immobilien GmbH & Co. KG

Lielje Immobilien GmbH & Co. KG

Insolvency proceedings for the assets of Lielje Immobilien GmbH & Co. KG from Lower
Saxony in Germany were opened in spring 2017. The company operated the well-known Ith-
Sole-Therme, a thermal spa offering a pool area, various saunas, a restaurant, wellness
services and more. The PLUTA restructuring experts kept the business running for nine
months, during which time visitors had access to all facilities, without restriction. Following
intensive negotiations, the PLUTA team found a solution and sold the business to a group of
seven investors, all of whom came from the region and felt it was very important to maintain
the spa. All jobs and the popular leisure facility in this rural part of Lower Saxony were
thereby secured.