TYPE DESIGN INFORMATION PAGE last updated on Fri Dec 13 00:48:18 EST 2024
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Bertholdgate II
Before its bankruptcy in 1993, H. Berthold AG had a total of 823 employees, whereas the annual sales dropped from 220 million Deutsch Mark in 1990 down to 149 million DM in 1991, so that the salaries of the employees could not be paid. The Hunts, who own Berthold Types Limited in Chicago, now also called Berthold Direct Corp., claim to have become the legal successor of H. Berthold AG. They would have had to pay these 800+ employees, and settle the demands of the creditors. It is unlikely that Berthold Types did that---they are not the legal successors. For German readers, the economic data on H. Berthold AG are here. Compare this with the economic data of Linotype, which also went through bankruptcy: in that case, Heidelberger Druckmaschinen AG waited until the stock had declined so much that they could buy all the shares for 180 million Deutsch Mark. Linotype thus has a legal successor. |
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Luc Devroye ⦿ School of Computer Science ⦿ McGill University Montreal, Canada H3A 2K6 ⦿ lucdevroye@gmail.com ⦿ https://luc.devroye.org ⦿ https://luc.devroye.org/fonts.html |