PLUTA Expert Frank Schorisch finds Investor for Industrie + Werbedruck Hermann Beyer

The insolvency administrator Mr Frank Schorisch from PLUTA Rechtsanwalts GmbH has successfully concluded his search for an investor for the printing company Industrie + Werbedruck Hermann Beyer GmbH & Co. KG. The corresponding purchase agreement for the company was signed on 25 July. The business will be transferred to the new owner with effect from 1 August. Of the previous 48 members of staff, 41 will be kept on by the buyer. The new owner, the Cologne-based printing company Die UVDruckerei e.K., intends to keep the insolvent enterprise’s name Industrie + Werbedruck. Die UVDruckerei e.K. offers a variety of services in the area of offset and ultraviolet printing, such as the production of magazines, catalogues and books with PUR adhesive binding or print finishing with UV inks and gloss or matt surface. The acquisition will above all increase the company’s range of services.

This means that Mr Schorisch succeeded in finding a feasible long-term solution for the long-established enterprise, which was founded in 1958. “We managed to create the conditions for a successful sale in the past few weeks by intensive negotiations. My thanks go to all the members of staff and customers that remained loyal to the company and thus also contributed to this successful development. Selling the company also means that we have found a very good solution for the creditors too,” said the PLUTA expert Mr Schorisch. The creditors can expect an extraordinarily high recovery rate.

The new owner Bernhard Clüsserath added: “This acquisition means that we can specialise even more, and above all our customers will benefit from this. The printing machines that we now have will create a clear distinction between us and our competitors. In future, you will not be able to find such a well set up printing company with an equally broad range of products in the direct vicinity. For example, a new high-performance printing machine, unrivalled in the region, was installed only in November 2016.”

The Local Court of Bielefeld had appointed the restructuring expert Mr Schorisch as the provisional insolvency administrator on 2 February 2017 and, subsequently, as the final insolvency administrator on 1 June 2017.