ENTIRE SALES PROCESS
In June 2017, the management of Bäckerei „Karl“ GmbH filed for insolvency at the local court of Duisburg. On 27th of June, the local court in Duisburg appointed lawyer, Dr. Sebastian Henneke (Duisburg) from HRM HENNEKE RÖPKE Partnerschaft Rechtsanwälte, as the (prelimenary) insolvency administrator over assets of the company.
In March 2018, the assets of the insolvent company were sold to Bäckerei KH GmbH located in Hünxe, Germany. Bäckerei KH GmbH takes on all employees.
The insolvency administrator mandated CVM Capital Value Management GmbH to support the search for an investor for the insolvent company. CVM Capital Value Management GmbH conducted the entire sales process, from the identification of potential investors and the selection of the ideal partner to the successful finalization of the transaction in March 2018.