Warendorf Küchenfabrik GmbH sold to the Hülsta Group

Warendorf Küchenfabrik GmbH (hereinafter "Warendorf") is a premium kitchen manufacturer headquartered in North Rhine-Westphalia. The core competence lies in the production and design of customized and individually adapted premium kitchen concepts. All kitchens are produced and planned in Germany using the highest quality materials from selected suppliers in the premium segment. The company's unique selling point is the interplay of customized craftsmanship and design- and high-tech-oriented series production, coupled with the patented folding carcass. In 2022, the company has generated a turnover of approximately €10 million.

www.warendorf.com  

The management of Warendorf Küchenfabrik GmbH filed for insolvency with the local court in Münster on November 30, 2022. Mr. Stefan Meyer, attorney-at-law, of Pluta Rechtsanwalts GmbH was appointed by the court as provisional insolvency administrator.

The team of CVM Capital Value Management GmbH around Managing Partner Kai Peppmeier was exclusively mandated by the management and the preliminary insolvency administrators to carry out a structured M&A process. Through the successful cooperation with the responsible parties, CVM was able to successfully sell the company to a strategic investor on April 01, 2023 in the form of a transferring reorganization, thereby securing over 80 jobs.

Team CVM: Kai Peppmeier (Managing Partner), Oliver Lewin (Project Manager) 

The investor is hülsta-werke Hüls GmbH & Co. KG. It is part of the Hülsta Group and also active in the premium furniture sector. Hülsta is thus expanding its portfolio in the kitchen segment. The brand as well as the name of Warendorf will remain under the new investor.

www.huelsta.com 

PLUTA helps companies in legally and economically difficult situations. Since its foundation in 1982, PLUTA has grown steadily and today employs more than 400 people in Germany, Spain, Italy and Poland. More than 90 lawyers and 40 business people, including many lawyers and tax consultants with multiple qualifications as auditors, business graduates or accountants. PLUTA belongs to the top group of reorganization and restructuring companies, as evidenced by rankings and awards from INDat, JUVE, Focus, Legal 500, Who's Who Legal, Best Lawyers and Global Restructuring Review (GRR 100).

www.pluta.net/de 

Capital Value Management GmbH ("CVM") is a transaction advisory firm and an independent corporate finance consultancy for companies in special, transitional and restructuring situations. The focus is on supporting transactions of medium-sized companies from industry, trade and services with a sales volume between € 10 and 250 million. CVM designs, accompanies and coordinates the entire M&A process in close cooperation with the client's tax and legal advisors.

www.cvm-gmbh.de 

Warendorf Küchenfabrik GmbH is a premium kitchen manufacturer headquartered in North Rhine-Westphalia. The company's management filed for insolvency with the local court in Münster on November 30, 2022. The CVM Capital Value Management GmbH team led by Managing Partner Kai Peppmeier was exclusively mandated by the management and the preliminary insolvency administrators to conduct a structured M&A process.

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