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Tropical Germany takes over LED brand Daytime

The German aquarium company Tropical Heimtierbedarf is taking over the ailing company Waltron with the LED brand Daytime. This was announced by insolvency administrator Dr. Christian Kaufmann in a press release. The restructuring expert from Pluta Rechtsanwalts GmbH sold the business operations of the lighting system manufacturer, which had been in insolvency proceedings since July 2024, to Tropical with effect from October 1.

“In less than three months, we were able to quickly find an investor solution thanks to the excellent cooperation of all parties involved,” explained lawyer Kaufmann. “I am particularly pleased that business operations at the Warmsen site will be maintained and that all 13 employees have been taken on.” The creditors can also expect an above-average dividend.