Seller recyplast GmbH
Target recyplast GmbH
Deal Type Mergers & Acquisitions
Buyer con-pearl GmbH / Blue Cap AG
Transaction Description

Based in Geismar, Thuringia, recyplast GmbH is the first operating company of the FISCHER GROUP for which Wintergerst, acting under engagement from the insolvency administrator, Dr. Dirk Pehl from Schultze & Braun, has identified an investor within the framework of a structured bidding process. The engagement was particularly challenging: the order situation of the manufacturer of regranulates and shred from various plastics has been weak recently. Due to the opening of the insolvency proceedings scheduled for 1 April 2021 there was great time pressure and the rental agreements for the production and office spaces were terminated months ago.

Recyplast GmbH manufactures light-weight plastic products, mainly for the packaging and automotive industry. It is part of the portfolio of Blue Cap AG, a Munich-based financial investor that intends to further develop the mid-cap company. The takeover of recyplast supports the planned expansion strategy.

Industry Sector
ICFG Office

ICFG Germany found a buyer for Recyplast

Transaction Details

ICFG member in Germany, Wintergerst Societät für Unternehmer-Beratung, has successfully advised recyplast GmbH on their acquisition by con-pearl GmbH, part of the private equity company Blue Cap AG.