New Tetenal?

As most will know by now, Tetenal in its present form is due to close on the 1 April 2019. Apparently, a group of 40 employees is trying to rescue at least part of the company as newtetenal.

According to this German source, the initiative has some support from the administrators:

There is still a bit of hope that it is not all over for Tetenal. Around 40 employees and large parts of the recent management team have launched the initiative ‘new Tetenal’ to head into ‘a new future’. An initiative with explicit support from liquidator Dr. Sven-Holger Undritz.

I seem to remember that something like this once worked for Ilford. Let’s all hope for the best …