July 15, 2024
Successful advisory for Rhodius' WTS division during its acquisition by Muhr Group
The WTS division of the insolvent Rhodius GmbH, based in Rostock-Laage Weitendorf, was sold, in an extremely competitive M&A process, to Muhr Welding GmbH, a company belonging to the family-run Muhr Group.
Transaction
In July 2023, Rhodius GmbH and other companies in the Rhodius Group were forced to file for insolvency at the Ansbach Local Court. Together with the insolvency administrator, attorney Joachim Exner from the law firm Dr. Beck & Partner, and his team, they succeeded in stabilizing business operations and finding an investor for the Welding Technology Solution (WTS) division at one of the three German locations in Rostock.
The parties are keeping the details of the transaction confidential. The former operations manager of the Rhodius WTS division, Adam Grzesik, will continue to manage the company together with the new managing director Christopher Muhr and is optimistic about the future: “I am delighted that Rhodius WTS, as part of Muhr Metalltechnik, will be able to pursue its growth potential even more specifically in the future and thus expand the Rostock Laage Weitendorf site.”
With this strategic acquisition and integration, Muhr Metalltechnik is further expanding its Europe-wide presence as a Tier 1 supplier to the automotive industry, increasing its production capacities and expanding its own engineering organizations. Rhodius WTS is one of Europe's leading suppliers of lightweight frames for motorcycles, cars, rail, and aerospace.
About Rhodius WTS
Rhodius is a leading supplier of filtration products and modules in the fields of knitted fabrics & separation, industrial technology, and safety systems. As its latest greenfield investment, Rhodius WTS in Rostock Laage-Weitendorf offers special industrial welding techniques and lightweight frames for brands such as BMW Motorcycles.
About Muhr Metalltechnik
Since the early 1960s, this Germany-based company has been one of the leading Tier 1 suppliers in metal processing. The company specializes in highly complex metalworking processes. Muhr Metalltechnik's current service and product portfolio includes laser cutting techniques, bending and forming, welding, CNC machining, and the manufacture and assembly of components. The company counts numerous automotive customers as well as companies from the mechanical engineering and electrical industries among its clients. The Muhr Group has production sites in South Westphalia, Poland, and South Carolina.
Thanks to its broad range of products and international network of locations, the company is able to serve its customers quickly and reliably.
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