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After the Keller Group filed for bankruptcy: Keller Sports ceases business operations

In addition to Keller Sports, the lifestyle shop Keller X was also part of the company universe, as was the sports app Keller Smiles. The dealer’s business operations are now being discontinued.

Since today, Tuesday, the web shop of the online sports retailer Keller Sports has not been accessible. Now it’s clear: it doesn’t go any further.

Keller Sports will cease business operations. “This was decided by the insolvency administrator of the online retailer for high-quality sports and lifestyle products, lawyer Dr. Christian Gerloff, with the approval of the provisional creditors’ committee,” it said in a statement. For the Munich Keller Group GmbH, insufficiency of assets according to Section 208 of the Insolvency Code is reported.

At the end of November 2022, the Keller Group filed for insolvency under self-administration. The reasons given were “the global supply chain problems and the significantly worsened consumer and market conditions”. On March 1, 2023, the procedure was opened in the standard procedure. The aim was to find an investor for the company. This plan failed.
“Although negotiations with one bidder about a continuation were about to be concluded, this bidder unexpectedly withdrew his offer shortly before the contract was signed,” comments the company. There were no other interested parties, so “the cessation of business operations is imperative due to the business and liquidity situation,” as stated in today’s announcement. Around 60 employees are affected by the dealer’s exit.

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