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.
Pinqponq, a Cologne-based German manufacturer of backpacks and bags, is to be sold in an asset deal to Kapten & Son, as announced by the parent company FOND OF. The divestment is expected to result in the loss of approximately 30 jobs.
The restructuring forms part of a strategic shift away from lifestyle brands and towards a stronger focus on family and children's products. The company cited strategic and economic reasons, including weak demand for high-priced adult products and recent losses.
As Pinqponq employs around 300 people, the planned reduction represents approximately 10% of its workforce.
Eurofound (2026), Pinqponq, Merger/Acquisition in Germany, factsheet number 300912, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300912.
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