Datum: 21.02.23
The exit of the new majority shareholder Whitefield has intensified the crisis of the struggling Harfid Holding. Whitefield Investment from Berlin stated in response to a TD inquiry that it had legally withdrawn from the contract with the Essen-based company, and that despite payment, the company shares had not been transferred. The investor had joined in October last year with the goal of restructuring and refinancing the project developer and general contractor. Now, Whitefield stated that the financial situation of the company was much worse than portrayed: “The extent of our involvement is high, and so is the extent of our losses.” Whitefield had planned to build its own real estate portfolio in North Rhine-Westphalia with its investment in Harfid. Now, it says it will “under no circumstances” remain onboard as an investor. Harfid, in an interview with the “Westdeutsche Allgemeine Zeitung,” denied that the shareholder agreement could be dissolved. The company has so far not responded to a TD inquiry on this matter.
