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Mummert & Company exclusively advises on the sale of RFP Metallbearbeitung GmbH i.I. to Martin Unternehmensgruppe

10-14-2010 11:54 AM CET | Industry, Real Estate & Construction

Press release from: Mummert & Company

Mummert & Company exclusively advises on the sale of RFP

Munich, 12.10.2010 – Mummert & Company, an independent corporate finance advisor headquartered in Munich, exclusively advises the insolvency administrator, Mr. Joachim Exner, on the restructuring of RFP Metallbearbeitung GmbH i.I. and sale of assets to Martin Metallverarbeitung GmbH, Ebersdorf. The divestiture is subject to several consent requirements, among others from the RFP employees, who filed for bankruptcy in January, 2010.

Due to the close cooperation with RFP’s principal customers Audi and BMW and the trade union IG Metall, the insolvency administrator and Mummert & Company were able to negotiate an ideal solution for RFP and its employees: an industrial partner with the right strategic fit and ca. two thirds of the workplaces could be secured for the long-term. The acquisition of the Lithuanian site was also included in the transaction.

Dirk Liedtke, Managing Partner at Mummert & Company, emphasized the unique situation: “RFP, as single source supplier of body elements for well-known German car manufacturers, is critically important both in terms of logistics and manufacturing know-how. As a consequence it was essential to find a financially strong partner with the right strategic fit. Martin Metallverarbeitung GmbH competes in the same space and fulfills this criterion with its long-standing and successful market position.”

Mummert & Company is a leading corporate finance advisor, specialized in the sectors High-Tech, Industrial Technologies, Life Sciences, Energy and Services. With offices in Munich, Vienna and Princeton (USA), Mummert & Company provides advisory services for the purchase or sale of companies or shareholdings (mergers & acquisitions), for the raising of equity capital (venture capital, private equity or the capital markets) and debt capital, for restructurings, for valuations (fairness opinions) as well as for the privatization of government-owned enterprises.

Detailed information about Mummert & Company is available at www.mummertcompany.com

Vanessa Kuenstler
Mummert & Company Corporate Finance GmbH
Prinzregentenstrasse 48, 80538 Munich
Tel. +49 (89) 23 23 77 30 Fax +49 (89) 23 23 77 77
kuenstler@mummertcompany.com

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