Karl Illas Werkzeug-Maschinen Großhandel GmbH Arolsen
Company Overview
Protective measures (§ 21 InsO): preliminary administration ordered; vorläufiger Insolvenzverwalter: [practitioner: subscribers only]; Insolvency court: Amtsgericht Korbach.
Financial Profile
Employees
Not disclosed
Revenue Range
Not disclosed
Insolvency Details
Country & Jurisdiction
🇩🇪 Germany
Region
Bad Arolsen
Sector
Retail
Insolvency Stage
⚠️ Administration
Date Filed
27 October 2026 (2 days ago)
National Register ID
HRB 1015 Korbach
Case Reference
10 IN 48/26
Associated Assets & Estate Scope
In Administration proceedings, the practitioner assesses and liquidates both tangible and intangible assets. Prospective acquirers can bid on the entire operating business or submit carve-out offers for specific asset classes:
⚙️ Plant & Equipment
Specialized tools, production machinery, vehicles
🏢 Property & Leases
Industrial premises, leasehold rights, regional depots
🏷️ Brand, IP & Data
Trademarks, domains, customer lists, order books
📦 Inventory & Stock
Finished goods, raw materials, supplier terms
Official asset inventory schedules are provided by the practitioner upon NDA signature.Check filing for creditor reports →
Proceedings Timeline
27 October 2026
Filing date
Ongoing
Administrator appointed — seeking buyer or rescue plan
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