Bloomberg News

Schlecker Sold Logistics Center Before Insolvency, Bild Reports

June 06, 2012

Anton Schlecker, Chief Executive Officer of Schlecker, sold the retail-drug store’s logistics center in Poechlarn, Austria, to his children Meike and Lars Schlecker for 2.5 million euros ($3.1 million) six days before the company filed for insolvency, Bild newspaper reported in a preview of an article that will be published tomorrow, citing the contracts of the transaction.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net


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