RSM Ebner Stolz advises on the sale of Mogensen to the JOEST group in the insolvency proceedings of the ALLGAIER Group

• With lo­ca­ti­ons in Ger­many, Swe­den and Spain, Mo­gen­sen is an es­ta­blis­hed ma­chine and plant ma­nu­fac­turer for the pro­cess in­dus­try
• With the ac­qui­si­tion, the JOEST group strengt­hens its mar­ket po­si­tion in the field of bulk ma­te­rial pro­ces­sing and rea­li­zes mu­tual syn­er­gies
• RSM Eb­ner Stolz ac­ted as M&A ad­vi­sor to the sel­ler in the tran­sac­tion

Stutt­gart, De­cem­ber 04, 2023 - On be­half of the in­sol­vency ad­mi­nis­tra­tion, RSM Eb­ner Stolz has sup­por­ted the sa­les pro­cess of Mo­gen­sen GmbH & Co. KG as well as Fre­drik Mo­gen­sen AB and All­gaier Mo­gen­sen S.L.U. (to­ge­ther Mo­gen­sen) as M&A ad­vi­sor and suc­cess­fully ac­com­pa­nied the pro­cess. The sub­si­dia­ries of the ALL­GAIER Group in the field of scree­ning and sor­ting of bulk so­lids were sold to JOEST group (JOEST).

Mo­gen­sen was foun­ded in 1947 and em­ploys over 140 peo­ple at lo­ca­ti­ons in Ger­many, Swe­den and Spain. Mo­gen­sen is con­side­red a pioneer in scree­ning tech­no­logy, in par­ti­cu­lar due to the in­ven­tion of the Si­zer scree­ning ma­chine. The in­no­va­tive MSort sor­ting sys­tem as well as Sand Wa­shing Equip­ment, Dis­tri­bu­tion Fee­ders and Den­si­me­tric Ta­bles com­plete the com­pre­hen­sive pro­duct port­fo­lio. With the plan­ning and rea­liza­tion of cu­st­omer-spe­ci­fic to­tal so­lu­ti­ons for com­plex tasks, Mo­gen­sen has es­ta­blis­hed its­elf as a sought-af­ter part­ner in the mar­ket.

The ac­qui­rer, the JOEST group, is an in­ter­na­tio­nally ac­tive ex­pert in the field of dif­fe­ren­tia­ted vi­bra­tion tech­no­logy for hand­ling bulk and piece goods with its head­quar­ters in Dülmen, North Rhine-West­pha­lia. JOEST of­fers a dif­fe­ren­tia­ted pro­duct port­fo­lio for con­vey­ing, scree­ning and do­sing bulk ma­te­ri­als as well as for their ther­mal tre­at­ment. The fa­mily-run group of com­pa­nies was foun­ded over 100 years ago and ge­ne­ra­ted sa­les of around EUR 180 mil­lion in 2022 with over 1,000 em­ployees.

The sale took place as part of the ALL­GAIER Group's in­sol­vency pro­cee­dings, as a re­sult of which the Ger­man com­pany Mo­gen­sen GmbH & Co. KG had also fi­led for in­sol­vency. The busi­ness ope­ra­ti­ons of all th­ree com­pa­nies con­ti­nued un­in­ter­rup­ted th­roug­hout the pro­cee­dings. The for­eign com­pa­nies are still not af­fec­ted by the in­sol­vency.

RSM Eb­ner Stolz was ex­clu­si­vely man­da­ted by the in­sol­vency ad­mi­nis­tra­tors of PLUTA Rechts­an­walts GmbH for the ALL­GAIER Group and Mo­gen­sen GmbH & Co. KG with the im­ple­men­ta­tion of the sa­les pro­cess. A team led by the distres­sed M&A ex­perts Mi­chael Eu­ch­ner and André La­ner was re­spon­si­ble for suc­cess­fully fin­ding in­ves­tors and con­duc­ting the pro­cess.

The par­ties have agreed not to dis­close the fi­nan­cial terms of the tran­sac­tion.

Team RSM Eb­ner Stolz: Mi­chael Eu­ch­ner, André La­ner (Pro­ject-lea­ding Part­ners), Jo­han­nes Brincks (Pro­ject Ma­na­ger), Carl-Fried­rich Schierhölter, Jan Schmidt, Se­bas­tian Grieb­ling, Marc Philip Ecker­mann (all M&A Ad­vi­sory, RSM Eb­ner Stolz Ma­nage­ment Con­sul­tants).

Press contact

Hen­ning Mar­bur­ger
RSM Eb­ner Stolz
Holz­markt 1
50676 Co­lo­gne
Phone +49 221 20643-628
hen­ning.mar­bur­ger@eb­ner­stolz.de

Firm contact

Mi­chael Eu­ch­ner
RSM Eb­ner Stolz
Kro­nen­straße 30
70174 Stutt­gart
Phone +49 711 2049-1268
mi­chael.eu­ch­ner@eb­ner­stolz.de

André La­ner
RSM Eb­ner Stolz
Holz­markt 1
50676 Co­lo­gne
Phone +49 221 20643-863
an­dre.la­ner@eb­ner­stolz.de

About RSM Ebner Stolz

RSM Eb­ner Stolz is one of the lar­gest in­de­pen­dent middle-mar­ket as­surance and con­sul­ting firms in Ger­many. The com­pany is among the top ten in the in­dus­try and has broad ex­per­tise in as­surance, tax, le­gal and ma­nage­ment con­sul­ting. With this mul­ti­di­sci­pli­nary con­sul­ting ap­proach and as one of the mar­ket lea­ders in the middle-mar­ket sec­tor with more than 2,100 em­ployees at 14 lo­ca­ti­ons, RSM Eb­ner Stolz ser­ves na­tio­nal and in­ter­na­tio­nal in­dus­trial, com­mer­cial and ser­vice en­ter­pri­ses in all sec­tors.

As a mem­ber of RSM In­ter­na­tio­nal, RSM Eb­ner Stolz of­fers its cli­ents high-qua­lity as­surance and con­sul­ting ser­vices in 120 coun­tries with 830 of­fices world­wide.