SGP Schneider Geiwitz Corporate Finance Advises on the Sale of Rhodius WTS Division at Rostock Laage Weitendorf to Muhr Metalltechnik

Transaction

As part of a highly competitive M&A process, the Welding Technology Solutions (WTS) division of the insolvent Rhodius GmbH at its Rostock-Laage Weitendorf site was sold to Muhr Welding GmbH, a company of the family-owned Muhr Group.

In July 2023, Rhodius GmbH and other group companies filed for insolvency at the Ansbach Local Court. Together with insolvency administrator Joachim Exner of the law firm Dr. Beck & Partner and his team, operations were stabilized and an investor was secured for one of the group’s three German sites in Rostock, specifically for the WTS division.

The parties have agreed not to disclose details of the transaction. The former head of operations of Rhodius WTS, Adam Grzesik, will continue to manage the business together with new Managing Director Christopher Muhr. Looking ahead positively, he commented: “I am pleased that Rhodius WTS, as part of Muhr Metalltechnik, will be able to pursue its growth potential more effectively and further expand the Rostock Laage Weitendorf site.”

Through this strategic acquisition, Muhr Metalltechnik strengthens its European presence as a Tier 1 supplier to the automotive industry, expanding both its production capacity and engineering organization. Rhodius WTS ranks among the leading European providers of lightweight frames for motorcycles, cars, rail, and aerospace applications.

About Rhodius WTS

Rhodius is recognized as a leading supplier of filtration products and modules across its Knitted Wire & Separation, Industrial Technology, and Safety Systems divisions. As its most recent greenfield investment, Rhodius WTS at Rostock Laage-Weitendorf specializes in advanced industrial welding technologies and lightweight frames for brands such as BMW Motorrad.

About Muhr Metalltechnik

Since the early 1960s, Germany-based Muhr Metalltechnik has been one of the leading Tier 1 suppliers in metal processing. The company specializes in highly complex metalworking processes. Its current service and product portfolio includes laser cutting technologies, bending and forming, welding, CNC machining, and the manufacturing and assembly of components. Muhr counts numerous automotive OEMs as well as companies in the mechanical engineering and electrical industries among its customers. The Muhr Group operates production sites in South Westphalia, Poland, and South Carolina (USA).

With its broad product offering and international network of sites, the company is well positioned to serve its customers quickly and reliably.

Our role in the transaction

The SGP Corporate Finance team acted as exclusive M&A advisor to insolvency administrator Joachim Exner throughout the entire transaction process. This transaction once again underscores the SGP M&A Advisory Team’s strong expertise in distressed M&A, particularly in highly challenging situations.