Will the lights soon go out at Fahrrad.de?

Fahrrad.de

Photo: Fahrrad.de

Brute discounts of up to 70 percent are still tempting on the website, but behind the scenes, the final end seems imminent: Fahrrad.de is in insolvency administration, but an investor is not in sight. Things are looking better for Tennis Point, which is also under the Signa Sports umbrella.

During the insolvency process, no investor has become active at Fahrrad.de who wants to take over the high-reach platform, as the websites Exciting Commerce and MTB-News report.

It has been known since October 2023: Signa Sports United (SSU) first pledged 150 million in capital inflow, then withdrew it. SSU thus pulled the financial plug for Internetstores.com, sending numerous internet retailers such as Fahrrad.de into insolvency. The Signa company universe has been in a downward spiral ever since.

Things are looking better for Tennis Point: A consortium of investors led by the investment company Orlando Capital V and including the company founder and current managing director Christian Miele will take over and continue the business of the internationally operating e-commerce specialist.

MTB-News points to unconfirmed internal details: The search for investors for Fahrrad.de was said to have been more difficult because the locations, stock and domains were reportedly only for sale as a complete package.

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Autor: Tobias Gütlin

News published on 25.01.2024

Note: This content has been automatically translated from German. Please report any incorrect translations.