They, the Parent Company, File for Bankruptcy

» Updated: October 04 2024

» Published: September 09 2024

They, the Parent Company, File for Bankruptcy
Photo: Fredrik Sandberg/TT

They, the parent company Ellos Group AB, are applying for bankruptcy. The operations of the subsidiaries and the brands Ellos, Jotex, and Homeroom, as well as the payment solution Elpy, will not be affected.

"The ongoing processes are not expected to affect Ellos Group's business relationships or operations, nor will they affect suppliers or employees," writes Ellos Group in a press release.

The bankruptcy application was submitted on Monday to the Borås District Court.

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By TTTranslated and adapted by Sweden Herald
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