Overview
- Feneberg filed for a Schutzschirmverfahren at the Kempten district court, keeping management in place under court oversight to pursue a reorganization.
- About 3,000 employees and roughly 70–75 stores remain in operation, with wages currently financed.
- Management is reviewing unprofitable locations for potential closure or transfer to investors to secure a sustainable branch network.
- The company cites sustained losses, high pension liabilities, structural weaknesses in the store network, and fallout from former subsidiary Allgäu Fresh Foods as key pressures.
- Edeka previously provided a subordinated loan in the low double-digit millions, and media report unnamed interested investors as Feneberg targets completing its restructuring by the end of 2026.