Business operation: Search for investors
Business operation

Search for investors


GERMANY, Biedenkopf. “The commitment of the banks to continue financing projects will give new impetus to process existing orders,” assures Silvio Höfer from the law firm ‘anchor Rechtsanwälte’ and appointed insolvency administrator for BANSS Schlacht- und Fördertechnik GmbH by the Local Court (Amtsgericht). All the business operations will fully continue during the insolvency proceedings concerning the assets of this company, which were opened as scheduled on 01.08.2018.

New system orders and the activities of the aftersales service will be realized maintaining the high quality standards. Due to a newly structured process the order flow will thus be ensured also in this phase. The great trust in BANSS demonstrated by customers and suppliers during the entire restructuring process has given additional room for maneuver with regard to the future existence of BANSS.

Meanwhile, the fact that investors have shown considerable interest underpins the prospect of continuing the business activities of BANSS at the location in Biedenkopf. The search for investors, which was initiated during the process of applying for insolvency, will be continued in its final stage also during the now opened insolvency proceedings, and is expected to be completed in the near future. Together with the already known advisers and under the leadership of the insolvency administrator the negotiations with potential investors are being conducted further on.

Source: Banss


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