Germany: Regional brewer Koblenzer Brauerei files for insolvency

Regional German brewer Koblenzer Brauerei has filed for insolvency, according to multiple reports in Germany.

The brewer, with origins dating back to the 1680s, has suffered amid rising energy, packaging and grain costs, according to local news outlet SWR.

�Against the background of the war in Ukraine, deteriorating market conditions and dramatic rises in costs, it is unfortunately no longer possible for Koblenzer Brauerei GmbH to maintain its operations while covering its costs,� the brewer reportedly said in a statement.

Koblenzer Brauerei�s origins date back to 1689 with locals brewing beer in the city of Koblenz. In 1885, the company was relocated 5km south to K�nigsbach, where a brewery was set up.

Fast-forward to 1992 and German brewing group Karlsberg acquired what had become K�nigsbacher Brauerei.

In 2010, the K�nigsbacher trademark was sold to Bitburger. Two years later, the K�nigsbacher Brewery itself was sold by Karlsberg Holding to private individuals.

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