ICFG Germany advised on the sale of FISCHER Cyclepor Deutschland GmbH
| Seller | FISCHER Cyclepor Deutschland GmbH |
| Target | FISCHER Cyclepor Deutschland GmbH |
| Deal Type | Mergers & Acquisitions |
| Buyer | FISCHER resources GmbH |
| Territory | Germany |
| Transaction Description | Founded in 2006, FISCHER resources GmbH will take over the operations of FISCHER Cyclepor Deutschland GmbH as of 1st May 2021. FISCHER resourcesd GmbH produces polystyrene for the construction industry at its location in Achern. The acquisition of FISCHER Cyclepor Deutschland GmbH will add numerous activities in the field of recycling expanded polystyrene, EPS, to the FISCHER’s current production of new products. The takeover concept provides for the long-term retention of the FISCHER cyclepor® brand along with the trademark airpop® as well as the production locations in Achern, Hildesheim, Karlstadt-Wiesenfeld, Neumarkt-St. Veit and Klietz with approximately 100 employees. |
| Industry Sector | Industrials |
| ICFG Office | Stuttgart |
| ICFG member in Germany, Wintergerst Societät für Unternehmer-Beratung has advised on the disposal of recycling provider, FISCHER Cyclepor Deutschland GmbH, in an international bidding process in just seven weeks. |
