Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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.
Eurofound (2025), Matratzen Direct, Bankruptcy in Germany, factsheet number 203701, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203701.