Overview

• Curt Bauer, a family-owned textile company founded in 1882 in Aue-Bad Schlema, will cease operations after failing to secure a buyer during insolvency talks.
• Production of high-end home and technical textiles, including products for the automotive industry, will end by July 2025.
• Around 90 employees will be laid off as the company winds down its operations after over a year of unsuccessful investor negotiations.
• Economic challenges, including rising energy and labor costs, weak demand, and global competition, contributed to the company’s financial struggles.
• The company’s on-site retail shop will remain open temporarily for final orders and inventory sales.