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Kolbus has filed for chapter

Introductory self-administration process

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The Kolbus commerce truthful stand at Drupa 2024 in Düsseldorf.(Picture: Christian Lucas)

The 249-year-old mechanical engineering firm Kolbus from Rahden (Minden-Lübbecke area) has filed for chapter. The accountable district courtroom in Bielefeld has ordered a brief self-administration process in line with the appliance and appointed the lawyer Stefan Meyer (Pluta Rechtsanwalts GmbH) as a brief administrator. 450 staff work on the Rahden location, in addition to 100 at Kolbus-Trainers-GmbH.

Kolbus had his binding enterprise and e book line perfected at first of 2018 Offered to Müller Martini, which remained primarily based in Rahden and targeted on the enterprise with packaging machines and e book covers in addition to the manufacturing of components and the foundry trade. After the sale in 2018, the Kolbus firm nonetheless had 900 staff.

Kolbus has been a “image of sustainability and innovation in East Westphalia for a few years,” a press launch mentioned. “Our present device program displays simply that and displays the expertise of our a few years of historical past,” explains Managing Director Wilfried Kröger. “It contains new developments such because the rotary die and field maker in addition to our confirmed blanket machines for Might e book and packaging manufacturing. The mission’s contracts ended there and after that it may be carried out with out hindrance by the self-administration course of.”

In line with Kröger, the self-administration technique serves the aim of efficiently reorganizing the corporate with its personal initiative in an orderly authorized course of. Underneath the situations offered, self-management mode affords “the required flexibility for sustainable restructuring for the advantage of staff, collectors, suppliers and repair suppliers in addition to prospects”. Improvement, manufacturing and gross sales actions would proceed unchanged.

In line with the consolidated earnings assertion, Kolbus GmbH & Co. achieved KG annual gross sales of EUR 73.3 million in 2021 (2020: EUR 60.3 million). The accrued annual loss was -1.4 million euro in 2021 (2020: -10.7 million euro).

“Our foremost precedence is to protect the corporate’s belongings and create a steady basis for the long run. Via focused restructuring and shut cooperation with everybody concerned, we wish to make sure that the corporate emerges from the disaster stronger and might efficiently survive available on the market in the long run,” mentioned basic supervisor Maximilian Michelsen.

Salaries and wages of staff are secured via the pre-financing of liquid belongings. The chapter cash shall be used to acquire salaries and wages for the months of July, August and September 2024 via the Federal Employment Company. Workers have already been notified regardless of the present firm vacation. “The corporate has a protracted custom and metal energy within the space and is a crucial employer. This ought to be sufficient motivation for everybody concerned to seek out good renovation options. In any case, along with my staff, I’ll do all the things in my energy to make sure that the corporate and its jobs are preserved,” says the short-term administrator and particular legal professional for chapter and restructuring Stefan Meyer’s legislation in an introductory assertion.

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2024-07-22 22:53:36
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