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Posted
1 minute ago, BabyBlueSound said:

Well, they choose to, we just have to... 😁 It's not like they pay any tax..

 

The great "they" have a lot to answer for!

  • 4 weeks later...
Posted
On 31/03/2025 at 14:00, LeftyJ said:

 

Yes, Jochanan Bax was fired from his position of CEO in January - by his brother and FIL. He'll possibly be looking into buying back the company though.

...and he did. Bax is reopening under the old, fired CEO Jochanan Bax and an investor. 

Posted
On 04/05/2025 at 09:36, Hellzero said:

Looks like good news @LeftyJ...


Tmight seem that way for Dutch and Belgian customers, who've had a good shop in Bax, unlike our British brethren, but the CNV workers union had earlier stated than Jochanan was a terrible CEO - one of the worst they'd seen. They'd love a restart ... if it was without him.
The CNV is to come with a new statement today.

  • Sad 1
Posted (edited)

From the Dutch news:

"

NOS News

Friday, 22:48

Bankrupt Bax Music makes a fresh start with former director

Bankrupt Bax Music is making a fresh start. Jochanan Bax, founder and former director, and investor Stijn Bakkeren are taking over the company. This is evident from an email from the curators to the dismissed staff, in the possession of Omroep Zeeland .

 

Bax Music is one of the largest stores for musical instruments and equipment in Europe. Early last month, the company was declared bankrupt . It had been in financial trouble for some time and had previously filed for suspension of payments.

 

Bax Music was founded in 2003 by two brothers, Nathanael and Jochanan Bax. Due to a conflict with the other shareholders, Jochanan, the sole board member, was fired earlier this year.

 

Shortly before the bankruptcy declaration, Jochanan Bax already announced that he wanted to make a fresh start with the company in the event of bankruptcy. That now seems to have succeeded. In the e-mail from the curator, it can be read that he is trying to keep the majority of the staff. Bax Music employed approximately 300 people. Jochanan Bax was not yet available for comment on Friday evening"

 

Edited by Bolo
  • Like 1

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