Meerbusch, September 10, 2024

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On behalf of the management, the team from starkpartners contributed to the successful restructuring of Kellermann GmbH by successfully implementing an international investor process within the framework of self-administration.

Thanks to the close cooperation with the management and the team of restructuring consultants from the AndresPartner law firm, the continued existence of the traditional company was secured while maintaining the essential jobs.

In June 2024, Kellermann GmbH filed an application for insolvency in self-administration with the Aachen District Court in view of serious economic challenges, which were due, among other things, to pandemic-related slumps in sales and rising inflation and energy costs.

In the course of the insolvency proceedings, starkpartners took on the task of identifying potential investors who were willing and able to support the company in the long term. Several strategic as well as institutional investors were enthusiastic. Finally, an institutional investor was able to prevail, who acquired the essential assets of the company and continues operations under the new name Kellermann Lighting GmbH & Co. KG.

Secrecy has been agreed upon regarding the contractual details of the transaction, but the continued existence of business operations and the safeguarding of around 30 jobs are considered a central success.

Markus Freitag, lawyer and restructuring expert at AndresPartner, supported the management as restructuring representative and coordinated the necessary measures, while Dr. Mark Boddenberg, as court-appointed administrator, protected the interests of the creditors.

Through the successful restructuring of Kellermann GmbH, starkpartners underlines its leading role in supporting companies in crisis situations and offers tailor-made solutions for long-term growth and entrepreneurial success.

With the takeover by the new investor and the establishment of Kellermann Lighting GmbH & Co. KG, a new era begins for the company. It will not only further develop existing products and bring new innovations to the market, but will also increasingly focus on sustainable and energy-efficient solutions.

The positive response on the market and the continuation of the proven quality and innovation are a sign that Kellermann Lighting GmbH & Co. KG will continue to play a pioneering role in the industry.

We wish the entire team every success for the future.

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