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Largest German toilet paper manufacturer Hakle is bankrupt
The toilet paper manufacturer Hakle has to file for bankruptcy. After the corona measures had already driven up the costs for logistics and raw materials, the high energy costs due to the anti-Russian sanctions were too much for the Düsseldorf group.The company in the paper industry, Hakle, which has existed since 1928, is insolvent – that reported on Monday, among other things, the Focus. In particular, the current energy and material prices due to the anti-Russian sanctions and the logistical restrictions due to the global corona measures since 2020 have caused the Düsseldorf-based group to stumble.
Most recently, the exorbitant rise in prices – despite enormous price increases – could no longer be compensated profitably in the paper industry.
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