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Investor wanted for mould manufacturer Schrader

Post Time:Nov 12,2014Classify:Company NewsView:338

The German Schrader Glasformenbau is a manufacturer of glass moulds for the container glass industry, and in recent years the turnover volume has ranged between €12m - €15m.  

 

Due to structural reasons, Schrader is currently undergoing a process of corporate restructuring embedded in formal insolvency proceedings.

 

The aim of the insolvency administrator is to restructure Schrader both organisationally and financially in order to ensure a sustainable business continuation after insolvency.

 

A process of adapting the workforce to future market demands has already been completed.

 

In order to guarantee the best possible restart for Schrader, the insolvenc administrator is searching for a strategic investor as the new shareholder of the company.

 

The investor process is conducted by the distressed-M&A specialist, Mentor AG.

 

Interested parties can obtain further information from Mr. Uwe Borgers: uwe.borgers@mentor.ag,  Tel.+49 (0)651 97059 0.

Source: www.schrader-gfb.deAuthor: shangyi

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