Regular insolvency proceeding of ALSO Logistics Services GmbH has started

With the opening of the proceeding, ALSO Logistics Services GmbH, Augsburg, went into regular insolvency on October 1, 2015. Thereby an insolvency manager is called upon to manage further proceedings. Despite an offer to safeguard the location and to secure 150 jobs, employee representatives refused to accept the redevelopment concept for a competitive cost structure. ALSO Mobility GmbH remains the owner of the property. ALSO Holding AG still plans to expand its logistics capacities in Germany.