Overview

• The group filed for self-administered insolvency before the Bielefeld District Court on June 27, 2025.
• Port Westfalica-based Brüder Schlau operates over 180 Hammer stores and more than 60 Schlau wholesale outlets, employing about 3,900 people.
• Attorney Yorck Streitbörger was appointed general representative and Dirk Andres provisional administrator to oversee the proceedings.
• All Hammer and Schlau branches will remain open with orders fulfilled as usual and employee salaries protected through August 2025.
• The filing reflects a broader uptick in corporate insolvencies in Germany, with nearly 11,900 firms expected to seek insolvency by mid-2025.