Entire sales process
In December 2019, the management of UeTG Logistik GmbH filed for insolvency at the local court in Pinneberg, Germany. Mr. Dietmar Penzlin from SJPP Schmidt-Jortzig Petersen Penzlin, was appointed as preliminary trustee.
In April 2020 the assets of the insolvent company were sold to Seapack Logistics GmbH, located in Uetersen in Schleswig-Holstein. Seapack Logistics 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. The team around Andreas Knaup, partner of CVM, conducted the entire sales process, from the identification of potential investors and the selection of the ideal partner to the successful finalisation of the transactio