Effective January 5, 2024, Winning Group a.s. announced the sale of its CoFo division to an undisclosed strategic investor. The CoFo division is a leading manufacturer of steering and suspension components for the Automotive industry with three plants in Krefeld, Dietenheim and Gelenau. The combined sales of CoFo are 134mio EUR produced by 680 dedicated employees….Read more
Winning Group to acquire BOLTA-WERKE
Diepersdorf / Brno The insolvency administrator of the automotive supplier BOLTA-WERKE, Volker Böhm of Schultze & Braun, has sold the company’s business operations to a strategic investor. The buyer is the Winning Group a.s., through its subsidiary Winning Plastics a.s., a German-Czech industrial group specialising in automotive and construction. The Winning Group has acquired the business operations of…Read more
Successful sale of the PWK Group – The Winning Group takes over the automotive supplier from Krefeld and Saxony.
After sales plummeted due to the global chip crisis, the companies in the PWK Group (Presswerk Krefeld GmbH & Co. KG and PWK IBEX GmbH) were forced to file for insolvency under self-administration in October 2021. The traditional company, whose history dates back to 1898, manufactures and designs components and special parts for the automotive…Read more
Winning Group to acquire Räuchle
Successful sale of Räuchle GmbH & Co. KG: The insolvent automotive supplier from Dietenheim will be taken over by the German-Czech Winning Group a.s. on May 1st, 2022. Thanks to the new owner, Räuchle’s business operations will continue under the newly founded company “Winning CoFo – Räuchle GmbH”. After customer orders plummeted as a result of the…Read more
Winning Group to acquire Linden Group and SMK
February 1rst, 2022, Brno/Czech Republic Winning Group a.s. acquired through its subsidiaries (Winning Plastics) the assets of Linden GmbH and Sächsische Metall- und Kunstoffveredlungs GmbH (SMK) from the insolvency administrator heading the regular insolvency proceedings of both companies. Part of the transaction is also the 100% share in the Czech operations of Linden s.r.o. in…Read more