GÖRG advises REIFF on continuation of operations and transfer of business to ERIKS in self-administration

GÖRG Partnerschaft von Rechtsanwälten mbB advised REIFF Technische Produkte GmbH in its self-administration proceedings until the transfer of the operating business to ERIKS. Grub Brugger acted as administrator and insolvency administrator for REIFF Technische Produkte GmbH and KREMER GmbH. RSM Ebner Stolz served as M&A advisor and Baker McKenzie advised ERIKS. The operating businesses of REIFF Technische Produkte GmbH and KREMER GmbH were transferred to the international industrial specialist ERIKS following a structured investor process. All conditions precedent for completion were fulfilled. The takeover secures the long‑term continuation of the operating business under a strategically suitable new owner and preserves the majority of jobs. The central objective of the self‑administration proceedings — the sustainable preservation of the company and its business activities — has thus been achieved. ERIKS will continue the acquired operations while maintaining existing customer and supplier relationships. GÖRG Partnerschaft von Rechtsanwälten mbB represented client(s) REIFF Technische Produkte GmbH with a team composed by: Dr Holger Leichtle (partner; authorised representative; insolvency law, restructuring law, Stuttgart), Dr Thomas Rieger (authorised representative; insolvency law, restructuring law, Stuttgart), Dr Christoph Niemeyer (partner; legal advisor; mergers and acquisitions, corporate law, Cologne), Dr Wolf zur Nieden (partner; legal advisor; real estate law, Cologne), Dr Ulrich Fülbier and team (partner; legal advisor; employment law, Munich). Grub Brugger represented client(s) REIFF Technische Produkte GmbH and KREMER GmbH with a team composed by: Lawyer Martin Mucha (insolvency law, restructuring law, Stuttgart) and Lawyer Dr Nicolas Kreuzmann (insolvency law, commercial & corporate law, Stuttgart). RSM Ebner Stolz represented client(s) REIFF Group as M&A advisor with a team composed by: Michael Euchner (M&A consulting, Stuttgart) and Niklas Zimbehl (M&A consulting, Stuttgart). Baker McKenzie represented client(s) ERIKS with a team composed by: Dr Jan Schubert (private equity advisory, M&A advisory, Frankfurt), Prof Dr Artur M. Swierczok (insolvency law, restructuring law, Frankfurt) and Christian Koops (employment law, compensation law, Munich). With the successful completion of the transaction, the self‑administration proceedings were concluded, a sustainable continuation solution was implemented and jobs in the region were preserved, as stated by Dr Holger Leichtle, partner at GÖRG and authorised representative of REIFF Technische Produkte GmbH.

GÖRG advises REIFF on continuation of operations and transfer of business to ERIKS in self-administration

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