takeover Financial investor buys the Friedrich-Wilhelms-Hütte
On September 1, a Hamburg holding company will take over the traditional steel foundry in the Ruhr area, which got into financial difficulties last year – and also swapped management.
CE Capital Partners has acquired Friedrich-Wilhelms-Hütte Eisenguss GmbH and the associated management company. As the financial investor announced in a press release at the end of last week, the long-established company from Mülheim an der Ruhr will in future operate under the name of FWH Stahlguss GmbH. The investor did not provide any information about the purchase price.
The foundry, founded in 1820, is to be headed by Lars Steinheider, who was most recently managing director of Buderus Guss.
Since October 2020, the Friedrich-Wilhelms-Hütte has been undergoing restructuring proceedings under self-administration, which was monitored by lawyer Jan Roth. The company specializes in the production of steel castings of various alloys.
(ID:47571021)
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