Unnamed investors save the celebrity chef

Alfons Schuhbeck

The Munich restaurant “Südtiroler Stuben”, the party service and the TV chef’s spice shop will be retained.

(Photo: dpa)

Munich An unnamed investor group wants to save the companies of the insolvent celebrity chef Alfons Schuhbeck and a large part of the jobs. Schuhbeck’s Munich restaurant “Südtiroler Stuben”, the party service and the spice trade will be retained, as insolvency administrator Max Liebig announced in Munich on Tuesday. Schuhbeck’s second restaurant “Orlando” will be closed. 90 of the 120 employees will continue to be employed.

This also includes Schuhbeck himself, whom the investors are not banning from the company. “His person and his brand were and will continue to be the basis of the business activities of the companies that have now been transferred,” said Liebig, according to the announcement.

The investors want to take over the Schuhbeck companies on November 1st and merge them into a new company – Schuhbeck’s Company GmbH. Up until now, Schuhbeck operated a holding company and several subsidiaries.

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