Denttabs files for bankruptcy: What does this mean for your dental hygiene?

Denttabs files for bankruptcy: What does this mean for your dental hygiene?

In a surprising development, the Berlin company Denttabs has filed for bankruptcy. However, the popular toothbrush tablets that many customers know from the shelves of the dm, Rossmann and Alnatura drugstores remain available. The company is working closely with an insolvency administrator to ensure that operations continue as normal while restructuring solutions are sought, such as chip reported.

The founder of Denttabs, Axel Kaiser, commented on LinkedIn and said that despite international activity in 40 countries and listings in well-known drugstores, the company was not able to attract enough customers. This is clearly reflected in sales, which fell from three million euros in 2019 to just 1.1 million euros recently. There is an urgent need for action here, as the causes of insolvency often lie in declining sales, high debts or management errors Law Forum.

The way forward

Kaiser hopes that potential buyers can be found to sell the company and is already talking to several supporters about possible solutions. This could open up new perspectives for the company. In addition, the Eco Group took over sales in Germany and Asia in February, raising hopes that this would create new opportunities for Denttabs. Already positive feedback from brands like dm suggests that they are optimistic about the future.

Of course, bankruptcy also brings with it some legal aspects. Company insolvency is a situation in which a company is insolvent or over-indebted. The insolvency lawyer usually takes control of the company to ensure the best possible satisfaction for creditors. The aim of such a measure is to preserve jobs as much as possible and to ensure orderly processing. In the event of insolvency, employees are also entitled to insolvency money, which could at least alleviate some worries.

The competition remains active

As is well known, the competition never sleeps: While Denttabs is fighting for its existence, the competition center has filed a lawsuit against dm due to the admissibility of the eye screening offered under competition law. This shows that the drugstore market continues to be characterized by dynamic changes and only those companies that can adapt will survive.

The developments surrounding Denttabs mark a significant moment for the health and wellness industry. At a time when consumers are placing more and more value on sustainable and healthy products, it remains to be seen whether Denttabs can maintain its place. The coming months will be crucial.