RailWatch GmbH is an innovative developer and designer of optical detection and measurement systems for (freight) rail transport. The measuring stations developed in-house use highly sensitive sensors and artificial intelligence to record the technical conditions and markings of railcars and freight wagons on railway tracks and at industrial entrances to factories and ports. Among other things, the measuring stations can record the wagon number, create wagon prints or collect information about the brake sole, flat spots, axle load and wheel profile and evaluate it with the help of AI.
STRUCTURED SALES PROCESS
After the management of RailWatch GmbH filed an insolvency petition with the Bonn District Court, Ms. Nada Nasser, a lawyer from KKN Rechtsanwälte PartG mbB, was appointed as the provisional insolvency administrator.
The CVM Capital Value Management GmbH team led by Managing Partner Kai Peppmeier was exclusively mandated by the management together with Ms Nasser to carry out a structured M&A process. Despite the very short timeline, the insolvency administrator Nasser, in close cooperation with CVM GmbH, succeeded in selling the business operations of RailWatch GmbH within the framework of a transferring reorganisation and preserving all jobs at the Bonn location. Mr Neumann, a lawyer from the law firm KKN Rechtsanwälte, supported the insolvency administrator Nasser in this process.
The buyer is Vossloh AG. The German company is one of the leading manufacturers and developers of products and systems for rail transport, such as rail fastening systems, concrete sleepers, switch systems and crossings, as well as innovative and increasingly digital-based services for the entire life cycle of rails and switches.
Vossloh will continue to run the company independently at the Bonn-Rheinbach location and offer all employees a future-proof and attractive job in the new company.
Team CVM: Kai Peppmeier (Managing Partner), Marco Fiedler (Consultant), Nils Geigenmüller (Consultant)
Lawyer Nada Nasser has worked as a restructuring expert, administrator and insolvency administrator at a number of courts in NRW and Rhineland-Palatinate since 2004. Nasser is the name partner of KKN-Rechtsanwälte PartG mbB (Kreplin Kuhlmann Nasser Rechtsanwälte) and, as a long-standing expert in restructuring, is responsible for the success of reorganisations of companies in crisis and the successful handling of insolvency proceedings. She is a specialist lawyer for insolvency and restructuring law. With more than 10 offices and over 45 employees, the law firm has been one of the TOP 30 leading law firms in Germany in the field of insolvency administration, self-administration, insolvency plans and restructuring for many years.
Capital Value Management GmbH ("CVM") is a transaction advisory firm and an independent corporate finance consultancy for companies in special, transitional and restructuring situations. The focus is on supporting transactions of medium-sized companies from industry, trade and services with a turnover volume between € 10 and 250 million. CVM designs, accompanies and coordinates the entire M&A process in close cooperation with the client's tax and legal advisors.
