Insolvency drama: Mechanical engineer Manz is for sale!

The machine manufacturer Manz has filed for bankruptcy and is for sale. The decision to submit an bankruptcy application was made in December 2024 due to insolvency and insolvency over -indebtedness. Since then, the search for an investor for the entire group has been running, accompanied by the company PWC, which supports the sales process.

The preliminary insolvency administrator Martin Mucha is optimistic and expected to find a solution during the spring. Until then, business operations will be continued without restrictions. A strategic investor is considered desirable to make the company future -proof.

corporate data and current situation

The Manz AG, based in Reutlingen, mainly supplies customers from the automotive industry and battery supplies. However, the expected sales in the area of ​​electromobility have not realized, which has contributed to the current financial situation. In recent years, the company has recorded red numbers, while 2024 is expected to turn a turnover of 170 to 180 million euros. The company employed around 1,200 employees worldwide, around 400 of them in Germany, and generated sales of around 250 million euros in 2023.

In addition, manz AG is taken from the stock exchange according to the current reports, the so-called delisting is already underway, such as the reporting on swp and n-tv document impressively.