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Ahlers AG
Elverdisser Str. 313
Phone: +49 52219790p:+49 52219790 HERFORD, 32052  Germany Ticker: AAHAAH

Filed for Insolvency on 4/24/2023
On 4/24/2023, The local court in Bielefeld has ordered the preliminary Insolvency Proceedings over the assets of Ahlers AG.
The Court has appointed Dr. Biner Bähr, a lawyer from White & Case, as the Preliminary Insolvency Administrator.
The proceedings also involve the subsidiaries: Ahlers P.C. GmbH, Ahlers Retail GmbH, Ahlers Zentralverwaltung GmbH, Ahlers Vertrieb GmbH, Pioneer Professional Clothing GmbH, Pioneer Jeans-Beclothing GmbH and Baldessarini GmbH.

Business Summary
Ahlers AG is a Germany-based manufacturer of fashion products. It operates through two segments: Premium Brands and Jeans, Casual & Workwear. The Premium Brands segment comprises the Baldessarini, Pierre Cardin and Otto Kern brands, and provides clothes for both men and women. The Jeans, Casual & Workwear segment comprises the Pioneer Authentic Jeans, Pionier Jeans & Casuals, Pionier Workwear and Jupiter brands as well as the private label business, and offers jeanswear, workwear and sportswear. The Company owns distribution companies in approximately 20 countries, and operates two production facilities in Poland and Sri Lanka. The Company operates through numerous subsidiaries in Germany, the United States, the United Kingdom, Poland, Switzerland and Spain, among others.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
5/31/202311/30/2022Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Supervisory Board AlexanderGedat 57 4/17/2019 4/17/2019
Chief Executive Officer, Chairwoman of the Management Board Stella A.Ahlers 7/12/2005 6/1/2005
Deputy Chairman of the Supervisory Board ArminFichtel 4/17/2019 4/17/2019
Member of the Supervisory Board FrankStender 7/1/2022 7/1/2022

Subsidiaries
Business Name Address City State/Province Country
Ahlers Zentralverwaltung GmbH Elverdisser Str. 313 Herford Germany

Business Names
Business Name
0N57
0N59
AAH
9 additional Business Names available in full report.

General Information
Number of Employees: 1,643 (As of 5/31/2023)
Outstanding Shares: 19,762,726 (As of 5/31/2023)
Shareholders: 5,971
Stock Exchange: FRA
Fax Number: +49 5221979222
Email Address: ahlers-ag@ahlers-ag.com


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Wednesday, March 27, 2024