Austria’s Herbert Pexider Gesellschaft is insolvent

Herbert Pexider Gesellschaft, the Austrian manufacturer of concrete, cement and calcareous sandstone for construction and wholesaler of building materials and sanitary ceramics, is insolvent. It has liabilities amounting to €9.8 million and assets of some €2.5 million. Pexider has a debt of approximately €7.3 million and its insolvency affects 88 creditors. Its circumstances are attributed to the difficult climate in the construction and construction materials industry. Pexider has been unable to find a
Quarry Products / January 16, 2014

RSS7572 Herbert Pexider Gesellschaft, Pexider Gesellschaf, the Austrian manufacturer of concrete, cement and calcareous sandstone for construction and wholesaler of building materials and sanitary ceramics, is insolvent.

It has liabilities amounting to €9.8 million and assets of some €2.5 million. Pexider has a debt of approximately €7.3 million and its insolvency affects 88 creditors. Its circumstances are attributed to the difficult climate in the construction and construction materials industry. Pexider has been unable to find a strategic partner or a financial investor.

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