Livingstone’s Special Situations team has advised insolvency administrator, Stefan Meyer, on the sale of Armatherm Günthel Fabrik technischer Meßinstrumente GmbH, to newly founded ARMATHERM Fabrik technischer Messgeräte GmbH & Co. KG. Armatherm Güntel Fabrik is a manufacturer of measurement equipment, controls and laboratory thermometers, manometers, syringes, frost protection testers and calibration services.
“The Livingstone team completed the sale process within just five weeks of being appointed. A fast and professional sales process was of particular importance for the customers and suppliers to ensure order and planning safety.” explains Stefan Meyer.
Manfred Jünemann, Founder of Armatherm Fabrik said: “The acquisition is an important step for our company and strengthens our market position in the area of measurement equipment. With its long track record and experience in manufacturing measurement devices, I am sure the synergies between the two companies will ensure a successful future for the business.”
Dr. André Schröer, Partner at Livingstone Düsseldorf, said: “We are very pleased to have, within a very short timeframe, found a strong partner for Armatherm, ensuring security for the entire workforce, and for the long-term future development of the company.”