PLUTA restructuring expert Frank Brachwitz distributes a dividend of 100% to creditors of MBL Akustikgeräte GmbH & Co. KG

Insolvency administrator Mr Frank Brachwitz from PLUTA Rechtsanwalts GmbH has announced good news in the insolvency proceedings for renowned high-end audio manufacturer MBL Akustikgeräte GmbH & Co. KG: just nine months after the company filed for insolvency, creditors can expect their claims to be fully satisfied.

MBL filed for insolvency on 27 May 2025. The business then continued operating without restriction under the management of Mr Frank Brachwitz, who the Local Court of Charlottenburg initially appointed provisional administrator and then regular insolvency administrator once the proceedings were opened. Attorney Mr Brachwitz secured a successful investor solution following a structured, international investor process. The company was sold by way of an asset deal to Chow Tai Seng, a Chinese luxury goods group, which took over the business as of 1 October 2025. All 50 or so jobs at the Berlin and Eberswalde sites were saved.

Insolvency administrator Mr Brachwitz expressed his satisfaction with the outcome: “Just nine months after the company filed for insolvency, we are already in a position to begin preparing the distribution to the creditors. The 100% dividend achieved represents an exceptional result for them.” Mr Brachwitz emphasised that the outcome was made possible thanks to the good cooperation with all involved in the proceedings. He expressed particular gratitude to the employees as well as the customers and suppliers, who stayed loyal to the business throughout this difficult period. Attorney Mr Brachwitz was assisted by attorney Mr Nicolas Konkel in managing the proceedings.