Founded in 1926, UMETA Hermann Ulrichskötter Metallwarenfabrik GmbH & Co. KG, based in Bielefeld, North Rhine-Westphalia, is a leading manufacturer and distributor of manual lubrication technology. The product portfolio includes in particular grease nipples, grease guns and customized special turned parts, which are exported to more than 60 countries worldwide. Its customers include well-known representatives of the mechanical engineering and utility vehicle industries.
In the 2021/2022 financial year, the company generated a gross profit of around EUR 10 million and employed 79 people.
Structured M&A-Process
The management of UMETA Hermann Ulrichskötter Metallwarenfabrik GmbH & Co. KG filed an application for the opening of preliminary insolvency proceedings with the Local Court of Bielefeld in December 2023. Lawyer Dr. Yorck Tilmann Streitbörger from the law firm Streitbörger PartGmbB was appointed as the preliminary insolvency administrator.
The team of CVM Capital Value Management GmbH led by Managing Partner Kai Peppmeier was exclusively mandated by the management and the preliminary insolvency administrator to carry out a structured M&A process.
In close cooperation with CVM, the insolvency administrator Dr. Streitbörger has managed to sell the business operations of UMETA Hermann Ulrichskötter Metallwarenfabrik GmbH & Co. KG as part of a transferring reorganization and saved 79 of the original 87 jobs at the location in Bielefeld.
Team CVM: Kai Peppmeier (Managing Partner), Oliver Lewin (Project Manager), Nils Geigenmüller (Consultant)
UMETA Hermann Ulrichskötter Metallwarenfabrik GmbH & Co. KG was sold to WIGGENtech GmbH. The Lippstadt-based company is a renowned manufacturer of turned parts and fasteners. The products of UMETA Hermann Ulrichskötter Metallwarenfabrik GmbH & Co. KG thus represent a suitable addition to the product portfolio of WIGGENtech GmbH.
The property and the machine park, which were owned by the holding company UMETA Industrieanlagen GmbH & Co. KG, were also sold to WIGGENtech GmbH as part of the M&A process.
With 11 offices in North Rhine-Westphalia, Brandenburg and Lower Saxony and more than 60 lawyers, Streitbörger PartGmbB is one of the leading medium-sized corporate law firms. Dr. Yorck T. Streitbörger is an insolvency administrator and specialist lawyer for insolvency and restructuring law and is regularly appointed as an insolvency administrator.
Capital Value Management GmbH (“CVM”) is a transaction advisory firm and an independent corporate finance consulting firm for companies in distressed, turnaround and restructuring situations. To date, the focus has been on supporting more than 130 transactions involving medium-sized companies from the industrial, retail and service sectors with a sales volume of between €10 million and €250 million. CVM structures, accompanies and coordinates the entire M&A process in close cooperation with the client's tax and legal advisors.
