Fribad, the German company headquartered in Baden-Baden, which produces the skin-care lines Sans Soucis, Biodroga Systems, and Futuresse has declared insolvency. The April salaries have not been paid. Around 250 employees are impacted.
The district court of Baden-Baden has appointed a liquidator, who will now examine the prospects for continuation of the company. Five potential investors would have already declared their interest in the company.