Advised on Sale of Company

Technology

Freudenberg Group

Technology group Germany

Acquired 100% of Business Operations

awetis systems GmbH & Co. KG

Provider of manufacturing execution systems Germany

Advised Awetis GmbH on the sale of subsidiary Awetis Systems to Freudenberg Group

Awetis GmbH ("AWETIS") has sold 100% of the shares of its subsidiary Awetis Systems GmbH & Co. KG to Freudenberg Group, headquartered in Weinheim, as part of their insolvency proceedings in self-administration.

Freudenberg Gruppe, Weinheim, Germany

Freudenberg Gruppe is a leading supplier of products, solutions and services for mobility and transportation, industry and production, energy and resources, household and textiles, healthcare and food as well as services.

Awetis Systems GmbH & Co. KG, Laudenbach, Germany

AWETIS, developed from a spin-off from Freudenberg Group in 2010, is a specialist in the automation and tool technology for the production of elastomer, silicone and filter production. The turn-key-solutions are mainly used in the sectors automotive, consumer goods, mechanical and plant engineering as well as medical technology. The fully owned subsidiary Awetis Systems GmbH & Co. KG is a provider of production-related IT for process optimization, production management and transparent data collection.

 

IMAP initiated the transaction on behalf of Awetis GmbH and handled it in all its phases.

Experts who worked on the transaction