Overview

• Supervisory board chair Gregor Scheller disclosed the investigation at the company’s annual meeting in Munich.
• Prosecutors are assessing whether managers misrepresented BayWa’s financial position in the 2023 annual report.
• The investigation is directed at individuals rather than the company as a whole.
• BayWa said it will cooperate with the authorities.
• The 2023 statements were signed by then‑CEO Marcus Pöllinger and CFO Andreas Helber, who have since left, after the company later reported a €1.6 billion loss for 2024 largely from write‑downs.