Before filing for insolvency, SKV Kunststoffverarbeitungs GmbH, located in Freudenberg, employed 33 employees. The company is specialized in vacuum-deep-drawing technologies, spray casting and tool constructions. The company offers support from the idea to the finished product, accompanies every stage of production and is also able to realize assembly groups.
In August 2014, the insolvency administrator of SKV Kunststoffverarbeitungs GmbH, lawyer Nada Nasser, mandated CVM Capital Value Management GmbH with a structured M&A process for the sale of the company's assets.
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After searching for a potential buyer, the business was completely sold to Grashorn Kunststoffverarbeitung GmbH & Co. KG, located in Wildeshausen. On October 1st 2014, the business operations of SKV passed to the new owner. Most of the employees were adopted by the new company.