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Düsseldor – CFI Germany is pleased to announce that they have accompanied the founding family Weber in successfully reacquiring the core business of the insolvent Weber Automotive GmbH as sole financial advisor for M&A and restructuring.
With the closing, which took place retroactively as of July 1, 2020, the Weber family became the sole owner of the newly founded Weber Holding GmbH and its operating subsidiaries. The new company will initiate a strategic transformation program from its core power trained business to a diversified model including emission-free drives and production processes.
The transaction
In July 2019, Weber Automotive GmbH, based in Markdorf and experiencing financial difficulties, filed for insolvency proceedings under its own administration. The company had a total of seven locations in Germany, the U.S.A. and Hungary, where it processed power train components for the automotive and commercial vehicle industry.
Mr. Martin Mucha (GrubBrugger) was appointed as general agent and Dr. Christian Gerloff (Gerloff Liebler) as trustee.
CFI Germany was responsible for the buy-side M&A process including business plan development, due diligence and consulting in negotiations as well as in transformation. The business plan provides for a restructuring of capacities and a strategic transformation of the acquired business operations.
Subsidiaries of the newly founded
acquired the assets and the operational business from
represented by Martin Mucha (Chief Representative) and Dr. Christian Gerloff (Cover Pool Administator)
Advised by:
€ 6 000 000
loan to finance investments and current assets
from
The assets and the operational business of
have been sold to
a private investor
B-Investments Kft.
has sold 50% of its subsidiary
to A2 IT Arago Zrt.
through a combination of SPA and capital increase
