An investor group has acquired the rubber and conveyor technology division of STRICKER GmbH & Co. KG, ensuring operational continuity and job preservation while revitalizing the brand as GUMMI STRICKER.
Target Information
STRICKER GmbH & Co. KG, founded in 1932 in Münster, is a well-established manufacturer specializing in quality products for conveyor and rubber technology. The company’s product range includes rubber conveyor belts and essential components tailored for various applications, including skid belts used in the automotive industry, edge-lift belts for bulk material handling, and conveyor belts for the food and recycling sectors. Additionally, STRICKER fabricates and distributes rubber linings, customized elastomer products such as sleeves, seals, and bespoke cut items.
On November 14, 2022, STRICKER GmbH & Co. KG filed for self-administration insolvency. Under the guidance of Prof. Dr. Peter Neu and attorney Thorsten Kapitza from the law firm D’Avoine Teubler Neu, the company received comprehensive legal support. The Münster District Court appointed attorney Stephan Michels from MICHELS Vorast Insolvenzverwaltung GbR as the provisional administrator.
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Industry Overview in Germany
The German rubber and conveyor technology industry, bolstered by its advanced manufacturing capabilities and a strong emphasis on research and development, plays a critical role in several sectors including automotive, f
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Investorengruppe
invested in
STRICKER GmbH & Co. KG
in 2022
in a Distressed Investment deal