Circles Group SL
Ticket Arena SL 2018
IFF 2018 Super Leaderboard
x

The latest industry news to your inbox.

    

I'd like to hear about marketing opportunities

    

I accept IQ Magazine's Terms and Conditions and Privacy Policy

news

G3 Presents files for bankruptcy

G3, which provides tents and accommodation to Rock Werchter, Tomorrowland and Pinkpop, will be restructured, say administrators

By IQ on 16 May 2018

Tents at Defqon 1 2017

Tents at Defqon 1 2017


image © Wvdp/Wikimedia Commons

G3 Presents, which supplies tents to some of the biggest festivals in the Netherlands and Belgium, has declared bankruptcy.

Amsterdam-based G3 provides tents, cabins, lodges and other temporary accommodation to more than 30 festivals across Europe, including Belgium’s Rock Werchter and Tomorrowland and the Netherlands’ Pinkpop, Amsterdam Open Air, Mysteryland and Defqon 1.

Insolvency lawyer Nils Reerink tells RTL Z the immediate focus for the company is to fulfil all existing orders ahead of the busy European festival season.

“The most important thing now is that G3 can honour all contracts, because if we cannot serve our festivals, we’re going to see a lot disappointed faces,” he comments.

Reerink adds that he’s hopeful G3 Presents, which has 18 employees in the Netherlands and UK, will be able to continue trading after a restructuring.

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

More news

CampSolutions acquires stock of bankrupt G3 Presen... The takeover sees Empe-based CampSolutions, whose roster includes Lowlands and Down the Rabbit Hole, become the largest tent provider in the...Netherlands
Jazztronaut Entertainment files for bankruptcy The Brussels-based promoter/agency was declared bankrupt on 20 December, leaving the future of its festivals unclear
New Fall Fest to continue after preliminary bankru... Despite a gamble with more capacity in 2017 resulting in provisional insolvency for SSC Festivals GmbH, New Fall Festival will go on, MD Hamed...Shahi-Moghanni tells IQ
A Greener Festival crowns 2017 award winners More than 30 festivals and events from 12 countries were recognised for their efforts towards environmental sustainability at the 11th A Greener...Festival Awards
EAY 2017: France, Benelux sales rebound after diff... Many arenas in France and Benelux are on course for their best year yet, after terrorist attacks led to a slump in ticket sales in early 2016