Düsseldorf, February 2018

RellermeyerPartner advises listed Thai investor PCS Machine Group Holding PCL on acquisition of insolvent automotive supplier Küpper

The listed Thai investor PCS Machine Group Holding PCL has acquired the assets of H.J. Küpper System- und Modultechnik GmbH based in Cunewalde, Zelter GmbH based in Hennef (Sieg) and Küpper Hungária Fémfeldolgozó és Öntödei Kft. based in Tiszaújváros (Hungary).

A joint venture with the participation of the PCS Group also acquired the assets of H.J. Küpper Metallbearbeitung GmbH based in Velbert and August Küpper based in Heiligenhaus.

The Küpper Group mainly produces housings and modules for transmissions and turbochargers as well as chassis and steering components for the automotive industry and filed for insolvency in its own administration in May 2017.

Consultants PCS Machine Group

RellermeyerPartner (Düsseldorf): Dr. Stefan Gröblinghoff (Corporate Law), Michael Weber (Labour Law); Associates: Miriam Wilmes (Corporate Law)

MIZ tax consulting (Essen): Wilfried Düsing

Noerr (Budapest): Dr. Zoltán Nádasdy

Consultants Küpper Group and Executive Vice President

Brinkmann & Partner (Munich): Dr. Jan Plathner, Dr. Bastian Messow, Christoph Enkler (all Insolvency Law/Restructuring)

Anchor (Düsseldorf): Lars Hinkel (Labour Law)

Administration

Antoniadis & Ure (Düsseldorf): Nikolaos Antoniadis, Britta Hoff, Theresa Hansen, Ewald Ure (Tax Consultant)

Consultants to the administrator

Taylor Wessing (Budapest): Thorsten Braner

McDermott Will & Emery (Düsseldorf): Dr. Matthias Kampshoff (Insolvency Law/Corporate Law)