Investor group “Bad Company” acquires SEICO – 100 jobs saved

SEICO has been one of the market leaders for mobile sales vehicles for over 30 years and offers their customers a portfolio of the most diverse sales vehicles for various industries. Durable, innovative and customized mobile business concepts are developed and implemented in the company’s own production facilities. In addition, an extensive after-sales portfolio is offered at 10 service locations nationwide.

The company filed for insolvency in self-administration at the end of March 2021 at the Walsrode District Court.

Centuros exclusively supported the self-administration (Dr. Rouven Quick | BBL Rechtsanwälte & Hagen Biermann | Trentmann) and the administrator Sebastian Ludolfs in the search for investors as part of an M&A process.

The investor consortium “Bad Company” around Mr. Renko Schmidt, takes over the business operations of SEICO mobile stores in the context of an asset deal. Through a successful takeover, the continued existence of the company at the production sites Rotenburg / Wümme, as well as 100 jobs, could be saved.

We are pleased to have been able to support SEICO mobile Geschäfte GmbH in its search for investors and wish the purchaser and the employees taken over every success for the future.

Ludolfs Insolvenzverwalter

Sebastian Ludolfs (administrator)

Trentmann Rechtsanwälte

Hagen Biermann (General representative | Self-administration)

BBL Brockdorff & Partner Rechtsanwälte

Rouven Quick (General representative | Self-administration)

Georg Schlönbach

Philipp von dem Bussche

Centuros

Carlos Rodrigues (Partner)

Otto zu Rantzau (Senior Consultant)