The future of German packaging manufacturer Casimir Kast Verpackungen & Display has been secured following the opening of insolvency proceedings earlier this month.
The Gernsbach-based producer of corrugated packaging and display solutions entered insolvency proceedings on 1 December.
According to insolvency administrator Dr Dirk Pehl of law firm Schultze & Braun, a going-concern solution has now been secured.
As part of an asset deal, Christian Oetker-Kast will acquire the company’s business operations from the insolvency administrator with effect from 1 January 2026.
However, the restructuring of the company will involve job cuts. A total of 31 positions in administration and production will be eliminated, Dr Pehl said.
The workforce…