A few days ago, Boes GmbH Präzisionsstanzteile initiated its search for takeover candidates. The medium-sized metalworking company based in Neulingen/Bauschlott (Enzkreis) in Baden-Württemberg has over 35 years of experience in the production of high-precision stamped, bent and drawn parts as well as stamped grids. It has its own tool design and toolmaking department, which primarily produces the associated stamping and progressive dies. Its customers include well-known companies from the automotive, smart metering, defense and electrical engineering industries.

This was preceded by the order for provisional insolvency administration by the Pforzheim Local Court on 23.01.2024. Attorney Tobias Wahl from the law firm Anchor Rechtsanwälte has been appointed as provisional insolvency administrator. Together with the management of Boes GmbH Präzisionsstanzteile and his team, the provisional insolvency administrator has succeeded in stabilizing business operations. Thanks to intensive discussions with customers and suppliers, the continuation of business operations with around 55 employees is currently on a secure footing. “We would like to thank our customers and suppliers for continuing to place their trust in us during this difficult phase and for continuing to work with us,” says Managing Director Volker Blum. With the orders currently on hand, production capacity utilization is foreseeably at a high level. This also creates a fundamentally good starting position for an investor.

The provisional insolvency administrator is supported by attorney Gregorio Calocero (Counsel) from the law firm Anchor Rechtsanwälte, as well as allea consult GmbH. The M&A process is being conducted by benten capital GmbH & Co. KG is conducting the M&A process.