Advised on Sale of Assets

Automotive

Ruia Group

Industrial Conglomerate India

Acquired the assets

GUMASOL-Werke Dr. Mayer GmbH & Co. KG

Premium Full Cushion Tires Germany

Advised GUMASOL-Werke Dr. Mayer GmbH & Co. KG on the sale of its assets to Ruia Group

Within the scope of an asset deal, the Ruia Group (Kalkutta, India) has taken over the assets of the insolvent GUMASOL-Werke Dr. Mayer GmbH & Co. KG (Germersheim). The Ruia Group is an industrial conglomerate of global presence, focusing on the areas of infrastructure and engineering, tires and elastomeric technology, sugar and electronics. By taking over companies in the field of sealing technology in the UK and Germany, the Ruia Group has been involved in the European markets for a couple of years. Acquiring the business activities of Gumasol enables the Ruia Group to significantly improve its market position in the range of elastomeric technology.

GUMASOL-Werke Dr. Mayer GmbH & Co. KG, Germersheim, Germany

A long-established company in the field of premium full-cushion tires as well as technical rubber moulded parts, for special vehicle construction and special purpose machinery manufacture. It Manufactures rubber compounds in their own mixing plant and is among the top 3 companies for premium full-cushion tires throughout the world.

Ruia Group, Kalkutta, India

An industrial conglomerate with a global presence and a distinct buy-and-build strategy. A subsidiary in the field of sealing technology in the UK and Germany and a supplier of Automotive OEMs and Tier 2 provider.

 

IMAP initiated the transaction on behalf of the insolvency administrator of GUMASOL-Werke Dr. Mayer GmbH & Co. KG and assisted the sellers in all its phases.

Experts who worked on the transaction