The Hamburg shoe retailer Görtz has found a “new investor”.
After it became known at the beginning of the week that Görtz had to start looking for new investors, the company worked “at full speed” on a new investor solution – apparently with success, as Görtz announced on Friday. A corresponding investor agreement has already been concluded and notarized.
“We are pleased that we have found a new investor for Görtz, with whom we can now look positively to the future. It goes on!” say the Görtz managing directors Frank Revermann and Tobias Volgmann.
Who it is and more details will be announced at a later date.
Management is confident about the second quarter
The search for new investors followed after it became known that the Munich entrepreneurial couple Leonie and Burkhard von Wangenheim and their company Fürderhin GmbH would not take over Görtz as planned. The reason for the failed takeover was the first quarter, in which the shoe retailer fell short of expectations. In view of the current business figures, however, the management is confident that the second quarter will develop more positively, according to the announcement.
Görtz filed for bankruptcy last September; in February, the company said it would close half of its stores. In March, the owner family of the same name sold their shares to the von Wangenheim investor couple. However, the shoe company’s business in the first quarter was worse than expected.