Powder Light Metals GmbH was founded in Gladbeck in 2000 and has particular expertise in powder metallurgy. The innovative company specializes in the development and production of semi-finished products and components made of nano-structured light metal alloys based on powder metallurgy. The range of materials mainly focuses on alloys based on aluminum.
Structured sales process
Powder Light Metals GmbH filed for insolvency on September 6, 2024. The Local Court of Essen appointed Mr. Nils Meißner, attorney at law from GÖRG Partnerschaft von Rechtsanwälten mbB, as preliminary insolvency administrator.
The team of CVM Capital Value Management GmbH, led by Managing Partner Kai Peppmeier, was exclusively mandated to carry out a structured M&A process. Despite a very critical situation for the company and a very tight time frame, CVM succeeded in selling the company as part of an asset deal while preserving all jobs in Gladbeck.
Team CVM: Kai Peppmeier (Managing Partner), Benjamin Ruiz (Project Manager), Moritz Falk (Consultant)
The buyer is GNS Gesellschaft für Nuklear-Service mbH, a leading provider of nuclear waste management services and packaging solutions. The business will continue under the name GNS Power Alloys GmbH. GNS will reorganize the company at the Gladbeck site and offer the employees a secure and attractive workplace in the new company.
GÖRG is an independent commercial law firm based in Germany that specializes primarily in insolvencies and reorganizations as well as core areas of commercial law. More than 300 lawyers and tax advisors with many years of national and international consulting experience work at GÖRG's five locations in Berlin, Frankfurt am Main, Hamburg, Cologne, and Munich. GÖRG's clients include many well-known domestic and foreign companies, medium-sized enterprises, financial investors, and listed corporations in all areas of the economy and the public sector.
Capital Value Management GmbH (“CVM”) is a transaction advisory and an independent corporate finance consulting firm for companies in distressed, turnaround, and restructuring situations. Its focus is on supporting transactions of medium-sized companies from industrial, retail, and services sectors with a turnover between €10 and 250 million. CVM structures, accompanies, and coordinates the entire M&A process in close cooperation with the clients' tax and legal advisors.