Livingstone’s Special Situations team is pleased to announce that Vallo & Vogler Oberflächenveredlung GmbH has been taken over by the newly founded Vallo & Vogler GmbH, backed by the strategic investors Louvrette Design & Packaging GmbH and Roeser GdbR.
Founded in 1988, Vallo & Vogler is a recognized specialist in the metallisation of plastics, metals and glass parts by vapor deposition in a high vacuum or sputtering, as well as in single and serial coatings. Before filing for insolvency, Vallo&Vogler employed 150 people in its 5,000-sqm production hall.
Louvrette Design & Packaging GmbH is focused on the development and production of high-quality plastic packaging solutions for the cosmetics industry. The company has become a leading European provider of design-oriented plastic packaging for facial and body care products, whilst Roeser GdbR decorates glass and plastic packaging for the cosmetics, beverage, table ware and pharmaceutical industries.
In December 2015, Vallo & Vogler filed for insolvency. Livingstone was appointed to initiate a structured M&A process and identify a suitable investor who would acquire the business operations.
Insolvency administrator and lawyer Stephan Michels is delighted with the result: “In only four months, we managed to create a new perspective for Vallo & Vogler. It is particularly pleasing that we could secure employment for the majority of the staff.”
Dr. Michael Uhr, CEO of Vallo & Vogler, commented: “I would like to thank Livingstone for their professional and expert advice throughout the process. Their expertise and relationships created genuine added value. With Louvrette and Roeser we have found partners that fit the company goals and strategy going forward.”