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German case goods producer Holtkamp has ceased trading after retailers cancelled orders in the wake of it filing for bankruptcy protection last month.


The Melle based firm — best known for its veneered living room wall units — employs around 160 people and exports to markets including the UK, where its goods are sold by a number of independent retailers.


Holtkamp GmbH has operated a wholly owned UK subsidiary registered in Bristol for nearly 30 years.


Michael Mönig of Mönig & Partner was appointed by a German court to oversee a restructuring process last month, which was due to last for three months and see the business re-engineered or sold with a view to it continuing to trade.


However, he said that news of his appointment had prompted a number of cancelled orders, and meant he had been unable to secure investment and the company was being forced to shut down for good.


In mid-December, when Holtkamp GmbH appointed Mr Mönig, it was reported that its sister company Holtkamp Exclusiv — together with factories in Brandenburg and Poland — were not involved in the restructuring process.



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