Overview

• The Augsburg court opened insolvency proceedings on September 12 due to payment inability and over-indebtedness.
• Munich lawyer Max Liebig was appointed as insolvency administrator, according to the court listing.
• The company’s website and online shop are offline and social channels have been inactive for months, with sales activity effectively halted.
• Co‑founder Cathy Hummels said her stake is worthless without revenue and that payments to her remain outstanding.
• Warsteiner holds about 29% via H. C. New Ventures and has not outlined next steps, after Hye faced a 2023 Foodwatch warning and only limited regional listings at Edeka, Rewe and Globus.