The German Gehring companies, together with their provisional insolvency administrator, implemented the necessary adjustments in business operations within a short period of time. Strategically important customers and suppliers have expressed their confidence and confirmed further cooperation. Against this background, talks with possible investors are now starting. This process is accompanied by Clairfield International, an internationally positioned M&A consultancy specializing in medium-sized corporate transactions.
On 24.08. Tobias Wahl from anchor Rechtsanwälte in Stuttgart was appointed as the new provisional insolvency administrator. He succeeds Dr. Tibor Braun, who asked to be recalled for health reasons. With the immediate replacement and with the cooperation of the law firm of Dr. Braun, an orderly transition in terms of the continuation of the company is guaranteed.
As a leading supplier of honing technology and with new products launched on the market in the fields of e-mobility, laser technology and digitalization, Gehring is committed to technological openness, which is particularly in demand on the market in the field of mobility. The management and the administrator have set themselves the goal of quickly finding and implementing a sustainable reorganization with a new shareholder structure.
About Clairfield International
Clairfield International is one of the world’s leading M&A consultancies specializing in mid-market corporate transactions. This year, the firm has already successfully sold dental distributor Pluradent and the locomotive division of Vossloh, among others. In addition to numerous projects in the mechanical engineering segment, Clairfield serves the automotive, commercial vehicles, agricultural technology, construction and building materials segments in the industrial sector.
www.clairfield.com
About the Gehring Group
The Gehring Group offers innovative production solutions for highly efficient conventional and electrified powertrains. In the field of precision machining, the company has been shaping the development of honing technology for over 90 years and provides the automotive industry with answers to the current challenges surrounding the combustion engine with its laser roughening, coating and honing processes. The production technology for e-mobility expands the Group’s portfolio and sets new standards in the flexible series production of electric motors for battery-electric, hybrid and fuel cell vehicles.
Press contact
Joachim Jäckl
Gehringstrasse 28
73760 Ostfildern
