The insolvent automotive supplier Mauro Automotive was acquired by the Kauth Group on June 1st, 2014. On October 21st, 2013 the management of Mauro Automotive filed an application to open insolvency proceedings at the local court of Siegen.
The interdisciplinary team around André Bäcker and Bernd Hauk supported the transaction with distressed M&A advice, restructuring advice during the insolvency proceedings and automotive industry expertise to the insolvency administrator RA StB Andreas Pantlen of Wellensiek Rechtsanwälte. Following the successful restructuring of Mauro Automotive, a transferring reorganisation could be realised by an investor process. Thus, employees and going concern values of Mauro could be maintained.
Mauro Automotive was founded by sole owner Marcello Mauro in 1993 and is located in Finnentrop, North Rhine-Westphalia (Germany). At the time the management filed for insolvency, the company employed 177 people. The automotive supplier is specialist for the handling of metals, especially for stamped and deep-drawn parts that are produced in a three-shift just-in-time production. In addition to that, Mauro Automotive is manufacturer of special-machines for various industries.
The Paul Kauth group, based in Denkingen, Baden-Württemberg (Germany), is a family-owned business that is managed in the third generation and was founded in 1928. As a specialist for stamped and deep-drawn parts, the group was able to establish itself as an important supplier and service partner for the automotive industry. Today, the group calls almost any large automobile manufacturer to its customer.
Through the acquisition of Mauro Automotive, the Kauth group is able to expand its production capacity in the business fields of stamped and deep-drawn parts. The realisation of synergy potentials will ensure the continuation of the company and secure employment. Furthermore, the company offers possibilities for future investments.
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Baker Tilly Roelfs Unternehmensberatung GmbH
