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.