Successful advisory for BOTEC-Scheitza GmbH during its acquisition by SAMA Engineering GmbH

Transaction

In November 2024, BOTEC-Scheitza GmbH filed for insolvency, prompting a search for an investor for the established drilling equipment manufacturer.

The insolvency was triggered by unsuccessful negotiations with the financing banks over an expansion of credit lines. With SAMA Engineering GmbH, a suitable investor was found to implement a transfer restructuring, preserving the majority of jobs. We would like to express our sincere thanks to all parties involved for their professional and successful collaboration.

About BOTEC-Scheitza GmbH

Since 1978, BOTEC-Scheitza GmbH has been a reliable partner for drilling and environmental technology solutions. The company offers a wide range of services, from classic drilling rigs to specialized deep drilling rigs that can be used at depths of up to 3,000 meters. BOTEC-Scheitza GmbH, based in the district of Landshut, demonstrates particular expertise in sustainable industrial processes in the field of environmental plant engineering. The company manufactures high-quality piping and plant engineering components from steel and stainless steel, which have proven themselves even in demanding applications such as wastewater treatment.

Our contribution

The SGP Corporate Finance team supported insolvency administrator Marc-André Kuhne as exclusive M&A advisor throughout the entire transaction process. The transaction once again underscores our deep understanding of distressed M&A in a challenging market environment under intense time pressure.