Saving jobs at Rostock-based IMG Ingenieurtechnik und Maschinenbau GmbH (IMG). When the contracts are signed on December 31, 2024, Zachert Ingenieurtechnik und Maschinenbau GmbH, a wholly owned subsidiary of Zachert Private Equity GmbH (ZPE), will take over the traditional mechanical engineering company. With the takeover, the Rostock location and over 75 percent of the jobs are secured. The signing is still subject to approval by the creditors’ committee in January. All parties involved have agreed not to disclose the purchase price.
Securing jobs – preserving the future
The Rostock-based mechanical engineering company is a global provider of complex systems and production lines for the shipbuilding and offshore industries. At the end of October 2024, the company filed for bankruptcy. By concluding the contract at the turn of the year, IMG can restart in 2025. Investor Olaf Zachert and the ZPE team specialize in the restructuring and further development of medium-sized companies. “Our goal is to maintain the tradition and competence of IMG. It is important to us to maintain the jobs and the plant at this location as far as possible. Now the further expansion and realignment of production is a priority. We will work closely with the management, the works council and the workforce,” says Olaf Zachert, founder and managing director of Zachert Private Equity.
The negotiations were conducted by IMG insolvency administrator Ulrich Rosenkranz from the law firm BRRS Hamburg and, on behalf of the buyer, by the commercial law firm Seitz. With the signing of the contract, RA Rosenkranz will process the existing orders, while the team around investor Olaf Zachert will reorganize the company and secure the majority of jobs. The basis for this will be the acquirer concept of Zachert Private Equity. “We will develop a quick and promising solution with and for the majority of employees and trainees. IMG’s long-standing and potential customers will continue to be supplied with the usual quality and we look forward to working together,” says Olaf Zachert.
IMG Rostock remains
With the takeover of the former Bühler AG plant plant in Döbeln (Saxony) in May 2024, ZPE has already demonstrated its know-how in mechanical engineering. The company now operates under the name Döbelner Anlagen- und Maschinenbau GmbH (DAMB). “We were able to secure all jobs here and have gained a lot of experience in mechanical and plant engineering. The goal now is to shape targeted further development and strategic partnerships between the two plants at their respective locations,” explains investor Olaf Zachert. The expertise of the two productions will be pooled in the future, the product portfolio will be expanded and further developed for promising markets. Highly developed systems and production lines will continue to be produced in Rostock for IMG customers in the future.
About ZPE:
Zachert Private Equity GmbH (ZPE) is a restructuring expert with many years of experience in investing in mostly traditional medium-sized companies in often complex upheaval situations. The primary goals are to preserve jobs and strengthen the respective business model. To achieve this, the company often develops so-called buy-and-build strategies. The founder and managing partner of the company, based in Grünheide, is Olaf Zachert.
About IMG Rostock:
IMG Ingenieurtechnik und Maschinenbau GmbH is a leading company in the development, planning and production of complex systems and production lines. Based in Rostock, IMG is one of the world’s renowned providers and suppliers of systems and machine parts for the shipbuilding, mechanical engineering, aviation, steel construction and wind energy industries. The product range includes, among other things, shipyard and factory planning, processing centers as well as transport and handling systems. For decades, IMG has stood for technologies and the highest quality “Made in Germany”.
OTS ORIGINAL TEXT PRESS RELEASE UNDER THE EXCLUSIVE RESPONSIBILITY OF THE SENDER FOR CONTENT – WWW.OTS.AT | EUN