Appraisal contract on the valuation of mobile assets of five companies from the bakery chain Kronenbrot from North Rhine-Westphalia, namely Kronenbrot GmbH, Kronenbrot Logistik GmbH and Kronenbrot Würselen GmbH from Würselen near Aachen, Kronenbrot Köln GmbH from Cologne and Kronenbrot Witten GmbH from Witten. The manufacturing brand was founded more than 100 years ago and operates several large-scale bakeries in Western Germany that are reknown for their oven-fresh and award-winning breads and baked goods in North Rhine-Westphalia and neighbouring states and countries. Kronenbrot GmbH is the largest supplier of bakery products in North Rhine-Westphalia with around 1,000 employees at production sites in Würselen, Cologne and Witten. It supplies about 3,000 businesses and bulk consumers in North Rhine-Westphalia, Rhineland-Palatinate, Belgium, the Netherlands and France. It is one of the five largest baked goods manufacturers in Germany.

June 18, 2019