Deco Design Furus Insolvent; JAB Didn’t Buy This Supplier

BIELEFELD, Germany — Rumors that JAB had purchased Deco Design out of bankruptcy are false, according to Chris-Jacob Schminnes, Managing Director of JAB Joseph Anstoetz Group. “We did not take over Furus. We did not buy assets. We have suffered from the bankruptcy like other industry players,” he says. “Here at JAB all is well; we are enjoying a good...