Lead
Description
SPESA-Speditionsgesellschaft mbH was established in 1980 in Münster, Germany. The company is a logistic provider and has more than 30 years of experience in the business of logistics and transport. The main focus of its business model are temperature-controlled transports for the food industry. Within the last years, besides its handling facility and container transports between terminals and customers, SPESA-Speditionsgesellschaft mbH has enlarged its transport business comprehensively.
In July 2018, the management of SPESA-Speditionsgesellschaft mbH filed for insolvency at the local court in Münster. On 6th of July 2018, Mr. Stephan Michels (Münster) from MICHELS insolvency administration/restructuring was appointed as the (preliminary) insolvency administrator.
In October 2018, the assets of the insolvent company were sold to Zeitfracht GmbH & Co. KG, located in Berlin, Germany. Zeitfracht GmbH & Co. KG takes on all 115 employees.
The insolvency administrator mandated CVM Capital Value Management GmbH to support the search for an investor for the insolvent company. 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 transaction.
Deal announcement
Buy-side advisoryThe Vella Group acquired RGM Vehicle Body Repairs. Advisers to leading automotive repair group, The Vella Group, on its acquisition of RGM Vehicle Body Repairs.
Deal announcement
Sell-side advisoryUndisclosed. UK based provider of aircraft maintenance, repair and overhaul (MRO) services, specialising in base maintenance for Boeing aircraft.
Deal announcement
Sell-side advisoryElite Vehicle Supplies sold to Vehicle Accessories Solutions Ltd T/A Motormax. Advisers to the shareholders of Elite Vehicle Supplies on its investment from Vehicle Accessories Solutions Ltd T/A Motormax.