Rescue of Zender Germany GmbH successfully completed – Continuation of business operations secured

Zender Germany GmbH focuses on the production and distribution of products, primarily for the automotive industry, specializing in the processing of carbon fiber (CFK) materials for OEM series. Due to macroeconomic challenges and declining production numbers among car manufacturers, the volume of orders and revenues decreased, leading to the filing for self-administration in May 2024. After four challenging months of continued operations under self-administration, led by Dr. Malte Köster and Martin Gehlen, along with administrator Prof. Dr. Gerrit Hölzle and support from the consulting firm Worstbrock under the leadership of Alexander Worstbrock, the company has successfully secured an investor acquisition, ensuring the future of the long-standing company Zender.

We are pleased that we were able to support the self-administration and the administrator during the M&A process, and that in the end, the previous managing director succeeded with his investor group. The transaction was completed on September 1, 2024, ensuring that the business operations of Zender Germany GmbH can continue into the future.

We wish all the employees, the management, the shareholders, and all parties involved in the process much success for the new future.

GÖRG Rechtsanwälte / Insolvenzverwalter GbR

Prof. Dr. Gerrit Hölzle (Custodian)

WILLMERKÖSTER Rechtsanwälte Insolvenzverwalter Partnerschaft

Dr. Malte Köster und Martin Gehlen (Legal Representatives)

Worstbrock

Alexander Worstbrock

Centuros

Sven Peters (Partner)

Peter Harbig (Senior Advisor)

Marc Mohnsen (Manager)