Media

Systems manufacturer Südluft rescued via insolvency plan

PLATTLING, BAVARIA, GERMANY (December 2019) – German ventilation systems manufacturer Südluft Systemtechnik GmbH & Co. KG has been taken over by a strategic investor as part of an insolvency plan. The company had…

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Out of Time? | Q3/2019 FINANCE Magazine Insolvency Report

Number of major insolvencies doubles | The problem has moved far beyond Thomas Cook and Condor: in the third quarter of this year, the number of insolvencies among large German companies has almost…

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Elsflether Werft: Lürssen Group bid accepted

ELSFLETH, LOWER SAXONY, GERMANY (30 October 2019) – Elsflether Werft AG’s creditors’ committee has given the green light for the shipyard to be sold to Bremen-based Lürssen-Werft. After the purchase agreement between Elsflether…

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Future of Zuse Hüller Hille secured

MOSBACH, BADEN-WÜRTTEMBERG, GERMANY (2 October 2019) – Following the successful completion of regulatory-approval procedures in Germany and China, yesterday marked the completion of Visionmax Germany GmbH’s takeover of Zuse Hüller Hille Werkzeugmaschinen GmbH’s…

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Looking back at the 2019 FalkenSteg summer party

In keeping with what is now company tradition, Villa Bonn in Frankfurt’s Westend district played host to the 2019 FalkenSteg summer party last Thursday, where we had the privilege of welcoming over 300…

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Denmark’s Mac Baren comes to aid of tradition-filled German tobacco brand Planta

In September 2019, the family who own Berlin-based PLANTA Tabak-Manufaktur Dr. Manfred Obermann GmbH & Co. KG (“Planta”) were able to successfully complete the sale of the group’s main brand portfolio to Danish…

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OUT OF TIME? | Q2/2019 FINANCE MAGAZINE INSOLVENCY REPORT

Significant decrease in insolvency applications, pointing to a shift in trend | Relatively high proportion of major insolvencies In the second quarter of this year, twenty German companies with annual revenue exceeding €20…

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Safe future secured for Peiner Umformtechnik

As of 1 September 2019, Peiner Umformtechnik (PUT) has been sold to Düsseldorf-based Rheinort-Treuhand GmbH. The deal sees Rheinort-Treuhand acquire PUT, its sister company Peiner Services GmbH (PSG) and the company’s premises. Along…

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FalkenSteg saves Grüppen builders’ merchant site

As of 1 May 2019, a majority stake in Geert Grüppen GmbH & Co. KG (Grüppen) has been taken over by the Mayrose Gruppe (Mayrose), a regional competitor. Grüppen was a builders’ merchant…

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KROHA GMBH finds buyer for company building in east-central Germany

FRANKFURT AM MAIN, HESSE, GERMANY (30 June 2019) – Kroha GmbH has now found a buyer for its company building in the town of Barleben, located in the German state of Saxony-Anhalt. As…

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POST-EVENT RECAP – SMEs: EXPANDING IN CHINA 2019

On 28 May 2019, FalkenSteg worked together with selected partners to organise SMEs: Expanding in China – an event held on the Frankfurt School of Finance and Management campus. Around fifty major names…

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Viable future secured for Volpp nursing home in west-central Germany

EBERSTADT, HESSE, GERMANY (25 April 2019) – Pflege- und Therapiezentrum Volpp, a nursing home in the Eberstadt district of Darmstadt, now has a new operator. The insolvency administrator, Fabio Algari, was able to…

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FALKENSTEG EVENT – SMEs: EXPANDING IN CHINA

Whether serving as a production location or a sales market, the People’s Republic of China is an integral part of almost every major German company’s business strategy. However, it is often highly challenging…

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FalkenSteg consults on sale of Wohnpark Rethen nursing home to Convivo

On 1 May 2019, Bremen-based health company Convivo Unternehmensgruppe completed its takeover of Diakonische Pflegeeinrichtung Wohnpark Rethen gGmbH – the operator of Wohnpark Rethen, a residential nursing home in Laatzen, near Hanover. The…

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Expansion beckons: Burger House Group shareholders benefit from FalkenSteg advice

On 7 March 2019, a consortium of regional investors will be acquiring a majority stake in the Burger House Group, working within the existing franchise system to systematically develop and grow the firm…

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FalkenSteg and JAFFÉ’s Dr Max Liebig find buyer for POLIGRAT Group

On 1 April 2019, KSO Edelstahlbeizerei GmbH completed its takeover of the POLIGRAT Group. Working together with FalkenSteg, insolvency administrator Dr Max Liebig from law firm JAFFÉ Rechtsanwälte was able to keep all…

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