Weight Watchers Terminates German Branch in Düsseldorf - Merger with Dutch Division
Weight Watchers U.S., a prominent weight loss company, has announced the dissolution of its German subsidiary, WW Germany GmbH, based in Düsseldorf. The decision was made on May 6 and the Chapter 11 procedure was completed on June 25.
The dissolution of WW Germany GmbH is taking place at the Düsseldorf district court, and no liquidation will take place. Instead, the assets and liabilities of the German subsidiary will be transferred to WW Netherlands.
According to the balance sheet, 439,955 people participated in Weight Watchers workshops last year, and the company's community, workshops, and digital services remain central to their operations in Germany. The German workshops and digital services will continue to play an important role for Weight Watchers' members.
The number of employees of the German subsidiary has decreased from an average of 93 in 2023 to 40 by the end of 2024. This reduction in workforce is likely due to the dissolution of WW Germany GmbH.
The dissolution of WW Germany GmbH was announced by the German newspaper 'Bild', and the documents from the commercial register confirm the dissolution. The German subsidiary will be merged with the Dutch subsidiary of Weight Watchers U.S.
It is worth noting that Weight Watchers U.S. has been facing tough competition from new weight loss methods like the weight loss injection. However, the company remains committed to providing a supportive community and effective weight loss solutions to its members.
The dissolution of WW Germany GmbH will not affect the current activities of Weight Watchers in Germany. Members can continue to attend workshops and utilise digital services as usual.
In conclusion, Weight Watchers U.S. is streamlining its operations by dissolving its German subsidiary and transferring its assets to WW Netherlands. This move is expected to help the company focus on its core business and adapt to the changing market dynamics.
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