After the failure of another financing round in February 2019, the startup FreshDetect, from Pullach near Munich, has filed for insolvency. At the request of the management, the responsible local court in Munich ordered the provisional insolvency administration on 18 February and appointed the restructuring expert Dr Matthias Hofmann as provisional insolvency administrator. Hofmann was able to initiate an investor process immediately after his appointment. The aim is to find a sustainable solution for the food technology company, its employees, business partners and customers as quickly as possible.
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