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.