{"id":106596,"date":"2025-09-05T11:04:04","date_gmt":"2025-09-05T09:04:04","guid":{"rendered":"https:\/\/packaging-journal.de\/?p=106596"},"modified":"2025-09-05T10:24:26","modified_gmt":"2025-09-05T08:24:26","slug":"after-475-years-casimir-kast-files-for-insolvency","status":"publish","type":"post","link":"https:\/\/packaging-journal.de\/en\/nach-475-jahren-casimir-kast-meldet-insolvenz-an\/","title":{"rendered":"After 475 years: Casimir Kast files for insolvency"},"content":{"rendered":"

Packaging manufacturer Casimir Kast has been active in the Gernsbach region for 475 years and has been family-run for 13 generations. Due to the difficult economic development, the traditional company has now filed for insolvency.<\/strong><\/p>\n

The provisional insolvency administrator appointed by the Baden-Baden district court, Dr Dirk Pehl, is currently gaining an overview of Casimir Kast's economic situation and examining restructuring options. Casimir Kast is not only an established traditional company with a long company history, but also an important employer and firmly rooted in the region. The aim is therefore to put the company back on a solid economic footing and give it a long-term perspective, it is said.\u00a0Business operations continue without restrictions<\/strong>.<\/p>\n

\u201eWe will seek dialogue with customers, suppliers and other partners of Casimir Kast in a timely manner in order to create transparency and trust in the restructuring process. However, all customers can rest assured that their orders will be produced and delivered as agreed. New orders can be placed at any time. Business operations are not affected.\u201c<\/p>\n

Dr Dirk Pehl<\/strong><\/p><\/blockquote>\n

The aim of the insolvency application is to give the long-established company Casimir Kast a fresh start. \u201eAn investment could be worthwhile because Casimir Kast iStrongly positioned in an economically relevant, diversified and promising market<\/strong> is,\u201c says Pehl. \u201eThe demand for packaging is also likely to increase further in the future. I am therefore confident that we could succeed in finding a reorganisation solution. To this end, we will initiate a targeted search for potential investors in the near future.\u201c<\/p>

\"\"<\/a><\/div><\/div>\n

Economic downturn weighs on companies<\/strong><\/h2>\n

As recently as 2022, around 10 million euros had been channelled into securing the site, approximately in a new printing press and its own power station<\/strong> including a photovoltaic system, but the subdued economic development in Germany and the noticeable consumer restraint in society as a whole, as well as cost burdens due to price increases for materials and energy, put the company in an economic predicament. These rising costs could only be partially passed on to customers or offset by new business. The resulting tense liquidity situation made filing for insolvency unavoidable.<\/p>\n

\u201eThe insolvency application marks a turning point in our century-long company history. Nevertheless, we see in it also the chance of a new start<\/strong>, to add further chapters to our long history. We want to utilise the proceedings and develop a restructuring roadmap together with the provisional insolvency administrator in order to overcome the current situation and make the company fit for the future.\u201c<\/p>\n

Christian Oetker-Kast<\/strong>, Managing Director<\/p><\/blockquote>\n

Source: Casimir Kast<\/p>","protected":false},"excerpt":{"rendered":"Packaging manufacturer Casimir Kast has filed for insolvency after 475 years in business due to difficult economic developments.","protected":false},"author":20,"featured_media":106597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"__cvm_playback_settings":[],"__cvm_video_id":"","rank_math_description":"Verpackungshersteller Casimir Kast ist nach 475 Jahren T\u00e4tigkeit aufgrund einer schwierigen wirtschaftlichen Entwicklung einen Insolvenzantrag gestellt.","rank_math_focus_keyword":"Casimir Kast","rank_math_title":"","csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[114],"tags":[43,60956,32,1487,59448],"class_list":{"0":"post-106596","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aus-den-unternehmen-news","8":"tag-aus-den-unternehmen","9":"tag-casimir-kast","10":"tag-packmittel-und-packstoffe","11":"tag-papier-pappe-karton","12":"tag-verpackung","13":"cs-entry","14":"cs-video-wrap"},"acf":[],"vimeo_video":null,"_links":{"self":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/106596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/comments?post=106596"}],"version-history":[{"count":0,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/106596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media\/106597"}],"wp:attachment":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media?parent=106596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/categories?post=106596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/tags?post=106596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}