Kneissl (company)

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Kneissl Tirol GmbH

logo
legal form GmbH
founding 1861
Seat Kufstein
management Dieter Weinreich, Mohsen Al Jaber
Branch Sporting goods
Website www.kneissl.com

Kneissl is an Austrian manufacturer of ski and sports articles with headquarters in Kufstein . The company is owned by a holding company owned by Mohamed Bin Issa Al Jaber . The company produces and sells skis, clothing and accessories as well as tennis rackets and bicycles .

history

Kneissl ski factory in Kufstein- Zell (1969)

The Kneissl company was founded in 1861 as a farm. The first skis were mass-produced between 1919 and 1921. In 1980 the company had to file for bankruptcy for the first time. In 1981, 75% of the company was taken over by the Swiss Hauenstein and 25% by the German-American cross-country ski manufacturer "Trak" and within one year a profit of 5% of the capital employed was achieved. There was another upward trend.

In 1990 Kneissl launched the “Big Foot” ski model. In 1992, through the merger of the Kneissl and Dachstein companies, Kneissl Dachstein Sportartikel AG was founded with its headquarters in Molln . With 320 employees, the company had a turnover of 627 million schillings in 1993/94. In 2003, Kneissl went bankrupt for the second time. The largest shareholders at that time were the BREG Gesellschaft für Bau und Revitalisierung von Hans-Peter Haselsteiner and Erhard F. Grossnigg .

In 2006 production was relocated from Kufstein to the Czech Republic.

At the end of 2010, another bankruptcy petition against Kneissl was averted, but this followed in early 2011.

Realignment from 2008

In 2008 Mohamed Bin Issa Al Jaber took over the majority in Kneissl through his JJW Hotels & Resorts group of companies. The realignment of Kneissl included establishing up to 70 Kneissl Star Lounges worldwide - a concept for shops and restaurants under one roof - and several Kneissl Star Resort Hotels as a lifestyle brand.

In 2009 the first Kneissl Star Lounge was opened in downtown Innsbruck . A Kneissl Star Lounge built in 2010 in Hochfügen was not occupied. The construction of the announced Kneissl hotel projects has been postponed several times. The plans to establish a ski factory in Kiefersfelden were rejected again.

On January 3, 2011, ex-Kneissl owner Fritz Unterberger, to whom the company owed around € 900,000, filed for bankruptcy. Investor Mohamed Bin Issa Al Jaber had previously been a long time coming with his promised financial injection of € 1.2 million. Further legal disputes are pending with the Viennese fashion label Susan Strasser and the soccer club FC Wacker Innsbruck .

Despite persistent reports of payment problems and the execution of stored goods in the Kneissl Star Lounge in Innsbruck, Andreas Gebauer is sticking to the 25 million euro hotel project in Stockenboi . At the same time, Gebauer announced a lawsuit against creditors as well as a presentation of the facts to the Innsbruck public prosecutor's office on suspicion of being enriched by a Viennese fashion company. The investigations against the creditor were closed in March 2011.

After Al Jaber continued to wait with promised funds at the end of January 2011, another bankruptcy petition should be negotiated. Managing director Andreas Gebauer therefore had to prove solvency before the Innsbruck Regional Court on February 7, 2011 .

Bankruptcy 2011

On February 8, 2011, managing director Andreas Gebauer filed for bankruptcy after Mohamed Bin Issa Al Jaber failed to make a capital injection several times . This affects Kneissl Holding GmbH, Kneissl Tirol GmbH and Kneissl Star Lounge GmbH. In an initial statement, Gebauer speaks of a legal claim against Mohamed Bin Issa Al Jaber, who allegedly had signed a corresponding capital increase and was mainly responsible for the insolvency of a large part of the group of companies. The Alpine Accounts Receivable Association accused majority owner Al Jaber of greed. This affirmed not to drop the company. Al Jaber is ready to support the company in a restructuring process. On the same day, the creditor Susan Strasser GmbH announced a statement of facts against managing director Andreas Gebauer at the Innsbruck public prosecutor's office on suspicion of "grossly negligent impairment of creditors' interests", bankruptcy delay and fraudulent crime . The Innsbruck public prosecutor's office started the relevant investigations at the end of February 2011 and expanded them to Al Jaber's daughter in June .

The total debt was estimated at 16.4 million euros. In June 2011, a restructuring plan that had already been negotiated failed because Al Jabers failed to make a payment of 2.1 million euros. In July production at the Kufstein location was stopped, and in October the concept of the holding company Friends of Sports (behind which the Franconian sporting goods retailer Kramer Elastics GmbH stands with a balance sheet total of around 2.5 million euros) was awarded the contract. However, the final financing concept was not yet fixed and Al Jaber was among the bidders for the insolvent company and made a down payment, but owed the remaining purchase price. However, the takeover by Friends of Sports could not be fixed in time for the 2011/12 winter season due to ongoing negotiations in November. After the purchase price of 1.7 million euros had not yet been received in December, the creditors' meeting was presented with a new restructuring plan, which was to be decided by January 2012. At the beginning of January 2012, Al Jaber deposited 1.98 million euros for the insolvency quota, with the acceptance of the restructuring plan by the creditors, Kneissl was discharged at the end of January 2012 with payment of the quota of 20% and Al Jaber's JJA Beteiligungsverwaltungs GmbH became the sole owner.

organization

Andreas Gebauer has been the managing director since 2007 and Andrea King since June 2012. No official figures on economic development have been published since 2008.

Individual evidence

  1. ↑ http://s260978057.online.de/kneisslhp/index.php?option=com_content&view=article&id=6&Itemid=56  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Toter Link / s260978057.online.de  
  2. ↑ bottom right: «Fix: Kneissl is saved» . In: Arbeiter-Zeitung . Vienna January 17, 1981, p. 1 ( berufer-zeitung.at - the open online archive - digitized).
  3. ↑ «Kneissl star shines again» . In: Arbeiter-Zeitung . Vienna February 24, 1982, p. 8 ( berufer-zeitung.at - the open online archive - digitized).
  4. ^ Kneissl Dachstein Sportartikel AG
  5. ↑ After two bankruptcies, Kneissl will soon have its third star. ( Memento from May 1, 2016 in the Internet Archive ). In: WirtschaftsBlatt , accessed on January 11, 2011.
  6. ^ Off for mass skis in Kufstein www.oe24.at, October 20, 2006.
  7. ↑ Al Jaber doesn't take to the air, he goes for Kneissl skis ( memento from November 29, 2015 in the Internet Archive ). In: WirtschaftsBlatt , accessed on January 10, 2011.
  8. ↑ Kneissl is expanding, Star Lounge opens
  9. ↑ The end of the Kneissl Lounge . In: mein district.at , accessed on January 11, 2011.
  10. ↑ Kneissl Hotels: Architects sue for fees . In: DerStandard.at , accessed on January 11, 2011.
  11. ↑ A cinema attraction instead of a ski factory . In: rosenheim24.de , accessed on January 10, 2011.
  12. ^ Kneissl: Waiting for payment from Al Jaber . In: tirol.orf.at , accessed on January 10, 2011
  13. ↑ Kneissl continues to wait for Al-Jaber cash injection . In: derStandard.at , accessed on January 11, 2011.
  14. ↑ bang: Wacker Innsbruck complains Kneissl. In: oesterreich.orf.at. September 24, 2010, accessed December 1, 2017 .
  15. ↑ Executor again with Kneissl
  16. ↑ Kneissl builds luxury hotel in the Seetal
  17. ↑ Kneissl creditor: investigation stopped. In: oesterreich.orf.at. March 17, 2011, accessed December 1, 2017 .
  18. ↑ Late payment: everyone is waiting for the sheikh
  19. ↑ Still no money for Kneissl
  20. ↑ Kneissl bankruptcy: Bankruptcy over affected parts of the company opened Tiroler Tageszeitung , February 8th, 2011.
  21. ↑ http://tt.com/csp/cms/sites/tt/Nachrichten/2180399-2/aus-f%C3%BCr-kneissl---insolvenz-%C3%BCber-unternehmensteile.csp
  22. ↑ http://www.news.at/articles/1106/30/288387/scheich-al-jaber-frist-gebauer-insolvenzzug-kneissl
  23. ↑ Kneissl files for bankruptcy. In: derStandard.at. February 8, 2011, accessed December 13, 2017 .
  24. ↑ Bankruptcy proceedings opened against Kneissl. In: oesterreich.orf.at. February 8, 2011, accessed November 9, 2018 .
  25. ↑ Will Kneissl become a criminal case? In: DiePresse.com. February 8, 2011, accessed February 27, 2018 .
  26. ↑ Gebauer targeted by the prosecution ( Memento of February 28, 2011 in the Internet Archive )
  27. ^ Kneissl investigations against families Al Jaber and Gebauer , Tiroler Tageszeitung June 11, 2011
  28. ↑ http://www.wienweb.at/content_apa.aspx?menu=7&cid=1997001133905460  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / www.wienweb.at  
  29. ↑ Ski production stopped: Kneissl before the end , Tiroler Tageszeitung, July 14, 2011
  30. ↑ Takeover confirmed: Friends of Sports buys Kneissl , Tiroler Tageszeitung, October 6, 2011.
  31. ↑ Kneissl is still waiting for payment , Tiroler Tageszeitung, October 15, 2011
  32. ↑ Barbara Schaefer: Two boards that mean the world , Der Tagesspiegel , November 5, 2011
  33. ↑ a b Kneissl sale: Al Jaber's deposit goes to the mass Wiener Zeitung, November 5, 2011.
  34. ↑ Al Jaber is again involved in Kneissl , Der Standard, December 22, 2011.
  35. ↑ New renovation applications to Kneissl , tirol.orf.at, December 22, 2011.
  36. ↑ Second round with Kneissl , kurier.at, January 8, 2012, accessed on January 11, 2012.
  37. ↑ Kneissl belongs again to Al Jaber ( memento from December 3, 2013 in the Internet Archive ), orf.at, January 25, 2012, accessed on February 4, 2012.
  38. ^ Kneissl rescued, sheik's renovation accepted , Tiroler Tageszeitung, January 26, 2012.
  39. ↑ Official Journal ( Memento of the original of July 31, 2014 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. to Wiener Zeitung of September 11, 2012. On wienerzeitung.at, p. 24. @1@ 2Template: Webachiv / IABot / www.wienerzeitung.at

literature

Web links