Opening at the end of August planned: Investor: Vapiano creates a Comeback

The new group of investors, the hard-hit restaurant chain Vapiano will, at the latest, to open from August 30 stores in Germany.

Vapiano was small, but the impact will be stronger, said the former Vapiano-Board, Mario C. Bauer, who now leads the consortium of investors, in an Interview with the “Wirtschaftswoche” (Thursday).

The operating business in Germany is to take over in the meantime, the catering entrepreneur, Banker Neumann. Neumann wants to open the Restaurants as soon as possible, at the latest, as from August, it said further. With the franchise partners, which currently have 25 Restaurants, he wanted to continue to work together

Bauer, according to the negotiations on the future of Vapiano running at the moment. “How many Restaurants at the end of under the name Vapiano continue to make, it is not yet clear,” said Bauer. He’ll go from 140 to 160 sites. The possible range of fluctuation is very high. He was convinced, however, that “the brand is creating a Comeback”.

The Vapiano SE had made at the beginning of April at the Cologne district court a request for the opening of insolvency proceedings due to inability to pay. The effects of the Corona-crisis for the already in the red writing companies too much. At the end of April Vapiano had put the business up for sale. Both a sale of the entire worldwide business of the group as well as individual Restaurant, it was concluded Portfolios and assets into consideration. A total of SE and also in provisional insolvency proceedings contained operating subsidiaries are engaged in the Vapiano in Germany, more than 2500 employees.