A bankruptcy procedure application has been submitted.

Description

Description / Photos The company has been family-owned for over 30 years and operates as a GmbH. Land: 10,200 m² Workshop and storage facilities: 5,000 m² Logistics warehouse (1,200 m²) built in 2017 Shipping warehouse (450 m²), administrative building, and technical laboratory (350 m²) built in 2018 Expansion potential: 4,000 m² The main focus of the company is injection molding, producing high-quality plastic products and components. The company handles all processes from project work, prototype creation, and equipment and mold manufacturing to serial production and assembly of working units. Over its operational history, the company has built a large and continuously expanding customer base. Major clients include automotive industry suppliers (AUDI, VW, BMW, Mini, Mercedes), machinery manufacturers, and home appliance producers (Miele). The company holds the IATF 16949 certification, which consolidates existing quality management system requirements (for the American and European markets) in the automotive industry. Annual turnover: €12.0 – 13.0 million There is good potential for further development and turnover increase. Production operates in 2-3 shifts. The company employs 70-80 people, all highly skilled professionals with many years of experience. Statistics for the last 4 years: Year 2015 2016 2017 2018 Employees 99 108 85 70 Turnover / € million 14.1 13.3 12.7 11.8 Profit / € million -0.1 0.2 0.5 0.2 Currently, an application has been submitted for bankruptcy proceedings. Management of the company is handled by a temporary administrator and the former owner. The company continues to operate as usual. If desired by the investor, the entire staff is willing to continue working after the ownership change. Employing the staff is not a mandatory condition for the buyer. For sale: order portfolio, client base, machinery and equipment, technical solutions and proprietary developments, materials, and inventory. The price is to be determined. Offers from all interested buyers will be considered. The land and real estate are privately owned and can be leased or purchased.