Description

In autumn 2013, the insolvency administrator of Siebrecht Niederrhein GmbH, lawyer Dr. Sebastian Henneke, mandated CVM Capital Value Management GmbH with a structured M&A process for the sale of the company’s assets. Siebrecht Niederrhein GmbH, based in Hünxe, is a bakery and pastry company with over 500 employees. Additional to the central production site in Hünxe, the company runs approx. 60 own shops (amongst others in Wuppertal, Duisburg, Düsseldorf and Neuss). After an intense search, the complete operational business was sold to Bäckerei Karl, also based in Hünxe. This new founded acquisition company belongs to a group of private investors with bakery experience. All of the 60 shops and 224 point-of-sales in food markets were acquired. Additionally, all 500 employees kept their jobs. In March 2014, the operational business was successfully transferred.