Münsterländische Margarine-Werke J. Lülf GmbH

Münsterländische Margarine-Werke J. Lülf GmbH

The management of Münsterländische Margarine-Werke J. Lülf GmbH, a supplier of
margarine and fat products as well as milk drinks, conducted debtor-in-possession
insolvency proceedings. Under such an arrangement, management remains in charge and
guides the company through the crisis itself. A PLUTA expert acted as insolvency monitor,
supervising the restructuring process in the interests of the creditors. The insolvency was
mainly the result of the adverse market situation and the decline in demand in the lowermargin
margarine segment. Business activities were maintained without restriction during the
proceedings, and an investor was sought. The successful bidder presented an acquisition
concept that would retain the most jobs. A total of 49 jobs were saved as a result.