SONA Germany rescued by means of a transferable reorganisation

Wuppertal, 02.11.2020

The two insolvent companies of SONA Germany, SONA BLW Präzisionsschmiede GmbH and SONA AUTOCOMP Germany GmbH, have been taken over by Winning BLW GmbH and Winning BLW Management, companies of Winning Automotive a.s., Brno (CZ), within the scope of an asset deal with economic effect from 01.10.2020, after insolvency applications had already been filed by SONA Germany in January 2020.

SONA Germany is a leading supplier in the automotive sector, specialising in complex precision forgings. It mainly supplies parts for passenger cars, trucks and industrial applications. SONA Germany has three production plants in Germany (Remscheid, Duisburg, Munich). Within the framework of the asset deal, which was based on an investor process with an international market approach, the insolvency administrator, GÖRG partner Dr. Jörg Bornheimer, succeeded in retaining all locations and rescued around 960 of the more than 1200 employment relationships. A rescue company was founded to ensure a smooth transition process.
 

Advisors SONA Germany

GÖRG Partnerschaft von Rechtsanwälten mbB / GÖRG Rechtsanwälte/Insolvenzverwalter GbR
Dr. Jörg Bornheimer, Insolvency Administration, Wuppertal
Christian Schulze, Insolvency Administration, Hagen
Dr. Frank Wilke, Labour and Employment Law, Cologne 
Dr. Alexander Kessler, M&A, Cologne
Dr. Andrea Zimmermann, M&A, Cologne
Claus Christopher Schiller, M&A, Cologne
Dr. Thomas Lange, Finance, Cologne
Dr. Damien Tigges, Real Estate Law, Cologne
 


 

 Newsletter Icon

We inform you about current legal developments in the areas relevant to you.

Subscribe to our Newsletter

Hände die etwas in eine Laptop Tastatur eingeben

Some of the cookies we set are used to enable certain functions of our websites, in particular to control the cookie banner (so that it is not displayed again and again on your return visits). These cookies do not contain any personal data, in particular your IP address. Other cookies that are set for analysis purposes (see also the section Web analysis tools) help us to understand how visitors interact with our websites. These cookies are used to statistically record the use of our websites and to evaluate them for the purpose of optimizing our offer. The analysis cookies are stored for up to 13 months.

Privacy policy