Type
Bankruptcy
Country
Germany
Region
Location of affected unit(s)
Sector
Wholesale / Retail
47 - Retail trade
47.5 - Retail sale of other household equipment
47.55 - Retail sale of furniture, lighting equipment, tableware and other household goods

300 jobs
Number of planned job losses
Job loss
Announcement Date
30 September 2025
Employment effect (start)
30 September 2025
Foreseen end date
31 December 2025

Description

The German mattress retailer Matratzen Direct headquartered in Cologne filed for insolvency in March 2025. The retailer sells under the brand MFO Matratzen. All 97 stores and the online shop will be closed by the end of 2025, affecting 300 employees. No investor could be found for a restructuring.

Over the course of the year 2025, the number of stores had already been reduced from 124 to 97. Decreased demand in the sector caused financial problems for the company for years and they had to undergo insolvency proceedings once before, in 2017. The company cited inflationary pressure in light of the heating cost crisis and Germany's green transition as a deterrence.


Sources

Citation

Eurofound (2025), Matratzen Direct, Bankruptcy in Germany, factsheet number 203701, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203701.