- The subsidiary of Allgaier Werke GmbH, Allgaier de Puebla, is a supplier to German carmakers in the North American market specialising in the production of structural components
- The Proma Group, an Italian automotive supplier, can further expand its own presence in the NAFTA region through the acquisition
- RSM Ebner Stolz advised the seller on the transaction as M&A advisor as well as on tax and competition law issues
Mexico City, 11 June 2024, As the M&A advisor exclusively mandated by the insolvency administration, RSM Ebner Stolz successfully advised on the sale of Allgaier de Puebla, S.A.R.L. de C.V., a subsidiary of ALLGAIER Werke GmbH, to the Italian Proma Group.
Allgaier de Puebla has been an established partner of German carmakers in the North American market for over a decade and specialises in the production of high-quality structural parts and chassis components. In particular, the company has a high level of production expertise in the areas of cold forming and assembly, which has enabled it to realise strong growth rates in recent years. All 500 employees will be taken over.
Proma Group is an Italian automotive supplier specialising in the development and manufacture of seat constructions, car body components and chassis systems and has been a reliable partner to the automotive industry since 1980. With this acquisition, the company based in Caserta, north of Naples, is continuing its expansion course.
The sale took place as part of the insolvency proceedings of the ALLGAIER Group, in which the ALLGAIER Process Technology division has already been successfully sold. With the sale of Allgaier de Puebla, the first transaction of the Automotive division can now be announced.
RSM Ebner Stolz was commissioned by the insolvency administrators of PLUTA Rechtsanwalts GmbH to conduct the sales process for the ALLGAIER Group. A team led by distressed M&A experts Michael Euchner and André Laner was responsible for the successful search for investors and the management of the process.
The parties have agreed not to disclose the financial terms of the transaction. The transaction is expected to be completed in the coming weeks. The antitrust authorities still have to approve the sale.
RSM Ebner Stolz team: Michael Euchner, André Laner (partners responsible for the project), Johannes Brincks (project manager), Carl-Friedrich Schierhölter, Jan Schmidt, Sebastian Griebling, Marc Philip Eckermann, Fritz Krech (all M&A Advisory, RSM Ebner Stolz Management Consultants), Alexander Euchner (partner, tax), Dr Christoph Stock (counsel, competition law)
Press contact
Nina Staschulat
RSM Ebner Stolz
Holzmarkt 1
50676 Köln
Tel. +49 221 20643-987
nina.staschulat@ebnerstolz.de
Company contact
Michael Euchner
RSM Ebner Stolz
Kronenstraße 30
70174 Stuttgart
Tel. +49 711 2049-1268
michael.euchner@ebnerstolz.de
André Laner
RSM Ebner Stolz
Holzmarkt 1
50676 Köln
Tel. +49 221 20643-863
andre.laner@ebnerstolz.de
About RSM Ebner Stolz
RSM Ebner Stolz is one of the largest independent medium-sized auditing and consulting firms in Germany. The company is one of the top ten in the industry and has broad expertise in auditing, tax, legal and management consulting. With this multidisciplinary consulting approach and over 2,100 employees at 14 locations, RSM Ebner Stolz is one of the market leaders in the SME sector and supports national and international industrial, commercial and service companies in all sectors.
As a member of RSM International, RSM Ebner Stolz offers its clients high-quality auditing and advisory services in 120 countries worldwide with 830 offices.