💥New Chapter 11 Bankruptcy Filing - Klöckner Pentaplast GmbH💥
Euro-based packaging company seals its fate: a Houston prepack
On November 4, 2025, Strategic Value Partners, LLC (“SVP”)-owned, Luxembourg-HQ’d Klöckner Pentaplast GmbH, Kleopatra Finco S.à r.l., and twenty-three affiliates (collectively, the “debtors” and together with their non-debtor subsidiaries, the “company”) filed chapter 11 prepackaged cases … *sigh* … ~5.2k miles from home in the Southern District of Texas (Judge Lopez).*