KÖTTERMANN finds an investor
On August 21, 2018 KÖTTERMANN applied for a reorganization procedure in self-administration. The M&A process started in September 2018. The insolvency proceedings were officially opened on December 1, 2018.
The BLOCK® Group was founded 1991 in the Czech Republic and today is an international successful group of companies with more than 400 employees in seven countries. The group focuses on turn-key delivery of clean room facilities of the highest standard and addresses customers in Pharmaceutics, Biotechnology, Medical devices, Healthcare, Microelectronics and R&D. In house activities of the Group include design, engineering, delivery, validation and service of clean rooms.
With this acquisition BLOCK® Group extends its product range of clean rooms, isolators, process and healthcare technologies with fume cupboards, laboratory furniture, service supply systems and safety storage cabinets made from steel.
Jan Mynář, CEO BLOCK® Group: “For BLOCK® Group, acquisition of KÖTTERMANN is a perfect strategic fit. With its strong brand and great product portfolio, and with addition of our range of technology to the lineup, KÖTTERMANN can become the product hub of the whole Group. Combination of high-quality “Made in Germany” and expertise from the highest level of clean rooms can give customers the best products on the market.”
Thanks to the new partnership, KÖTTERMANN´s business, which successfully continued during the reorganization phase, now gains new momentum.
Albrecht Wiener, Managing Director of KÖTTERMANN® Group: „With the BLOCK® Group as new strong strategic partner at our side we are able to intensify existing customer relationships as well as to open up new business fields through synergy effects. We are gaining momentum and look forward to our future cooperation.”
Most read news
Topics
Organizations
Other news from the department business & finance
These products might interest you
tritec® Chromatographic refrigerators by tritec für Labortechnik und Umweltsimulation
Energy-efficient chromatography refrigerators for precise temperature control
Safe storage of your HPLC systems at -5 °C to 20 °C with modern touchscreen display
Mars 6 by CEM
Everything under Control - with This Intelligent Microwave Digestion System
High Sample Throughput with Just One Click
CrystalBreeder by Technobis
CrystalBreeder: the next generation multi-reactor crystallization platform
Enhance your early stage solid state screening. New: controlled evaporation & vapor diffusion modes
Crystal16 by Technobis
Crystal16 - the ultimate instrument for research and process development
Upgrade your crystallization screens with the next generation benchtop crystallization system
OHAUS Laboratory equipment by Ohaus
Do More with OHAUS Laboratory Equipment
Do Not Limit Yourself to Just Measurement! Discover Ingenious Portfolio
FlowSyn and FlowSyn Maxi by Uniqsis
Continuous Flow Chemistry Systems for reaction optimisation and scale up
Perform reactions up to 300°C and 100 bar from 0.1 - 100 ml /minute
Get the analytics and lab tech industry in your inbox
From now on, don't miss a thing: Our newsletter for analytics and lab technology brings you up to date every Tuesday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.