A financial investor from the region takes over the most important assets of the insolvent GEMAC — Gesellschaft für Mikroelectronikanwendung Chemnitz mbH:“We have found an investor for the company who wants to preserve the location and the jobs”, confirms Dirk Hübner, who will be responsible for the technical area of the company in the future. This is good news for the 70 employees after the company went bankrupt in February 2017. Insolvency administrator Rüdiger Bauch from the law firm Schultze & Braun and his team led by lawyer Dr. Dirk Herzig have worked hard over the past few months to find a solution for medium-sized businesses. During this time, business operations continued unrestrictedly:“We would like to thank our customers, suppliers, business partners and employees for supporting us and enabling us to make a fresh start in the first place,” reports Dirk Hübner. The law firm Schultze & Braun and ABG Consulting have also provided us with substantial support in the process.
Good future prospects for the medium-sized company
The ABG Consulting Partner GmbH & Co. KG was entrusted with the search for investors as part of an M&A process. With v‑design GmbH from Dresden, we have succeeded in finding a regional and strategic investor who wants to maintain the core areas of GEMAC and further expand the business “, says Managing Director Simon Leopold. We have held talks with a large number of interested parties in recent months. Ultimately, the acquisition concept of v‑design GmbH convinced all those involved. We are therefore very pleased with the final solution:“As of July 31, 2017, the insolvency proceedings are to be suspended and the official restart will take place on August 1, 2017. v‑design GmbH’s Managing Director, Robert Hermann, will strengthen the management of GEMAC with immediate effect. As the owner of a medium-sized Saxonian holding company, he has experience in realigning companies and opening up new markets for further growth. In the future, we will be concentrating primarily on our own products in the field of inclination sensors. In addition, the EMS division, the business area with CAN diagnostic systems and development are to be further expanded,” reports Hermann. The company enjoys an excellent reputation on the market and has excellent growth opportunities thanks to its extensive range of products and services and comprehensive know-how.
The medium-sized company is now trading under the name of GEMAC Chemnitz GmbH.
About GEMAC Chemnitz GmbH
GEMAC Chemnitz GmbH employs 70 people. The electronics company’s main business areas are sensors, diagnostic devices for Fieldbus systems, as well as EMS services and development. In accordance with the credo “Made in Germany”, GEMAC develops, manufactures and sells products of the highest quality at fair prices to customers from industry, agriculture, construction and medical technology.
Company contact: GEMAC Chemnitz GmbH Zwickauer Straße 227 09116 Chemnitz Phone: +49 371 3377- 0 E‑Mail: firstname.lastname@example.org
If you have any questions, please contact: Mandy Aurich, Telephone: 0371 3377 380, E‑Mail: email@example.com