Warendorf – Die Küche GmbH has been sold to a strategic Investor from Hong Kong

Warendorf – Die Küche GmbH

Warendorf – Die Küche GmbH was originally founded in 1973 as Miele – Die Küche GmbH in Warendorf and it is one of the global leading producers of design-oriented and high-end kitchen concepts. Since 2010, the company has been operating under the name Warendorf – Die Küche GmbH. The company has particularly become famous for its individual manufacturing approach – Made in Germany – and for its high-quality processing technology. In 2018, the company generated a turnover of approximately € 8.5 M. 


Entire Sales Process

In March 2019, the management of der Warendorf – Die Küche GmbH filed for insolvency at the district court in Münster. On 11thMarch 2019 Mr. Stefan Meyer (Münster) from PLUTA Rechtsanwalts GmbH was appointed as the (preliminary) insolvency administrator. By order of 1stJune 2019, the insolvency proceedings concerning the assets of Warendorf – Die Küche GmbH were opened by the appointed insolvency administrator Mr. Stefan Meyer.

On 11thJune 2019, the purchase contract was signed with a strategic Asian investor headquartered in Hong Kong. The new legal entity will be operating under the name Warendorf Küchenfabrik GmbH.

The team of CVMCapital Value Management GmbH around managing partner Jörg Schuppener was mandated on 19thMarch 2019 to support the business restructuring process and to conduct a structured investor process in consultation with the parties involved. Due to the successful collaboration with PLUTA Rechtsanwalts GmbH and the management of Warendorf – Die Küche GmbH, CVM successfully sold the company on 16thJuly 2019 to a strategic Asian investor from Hong Kong.Both the insolvency administrator and the creditors' committee have approved the sale.

After comprehensive and fair negotiations with the works council and after the reconciliation of interests and social plan the number of employees was reduced by 21 people by the insolvency administrator. Thus, approximately 75 jobs could be maintained. 

The strategic Asian investor is predominantly engaged in the high-end project business for kitchen concepts and kitchen appliances. As a long-standing customer, the investor appreciates the products and the high quality of the brand WARENDORF. The investor is convinced that the potential of the brand WARENDORF can be especially increased further by the utilisation of its network in Far East.

Capital Value Management GmbH (“CVM”) provides operational and independent corporate finance consultancy to companies going through transitional or restructuring processes as well as other exceptional situations. CVM has offices in Dortmund, Berlin and Hamburg. CVM’s focus is on guiding the transactions of medium-sized companies in industry, trade and services with a sales volume between € 10 and € 250 million. CVM designs, supports and coordinates the entire M&A process in close cooperation with the clients’ tax and legal advisors.


PLUTA helps organisations that are in legal or economic difficulties. Since its emergence in 1982, PLUTA has grown steadily and today employs more than 400 people in Germany, Spain, Italy and Poland. These include more than 90 legal professionals and 40 businesspeople, many of whom are lawyers and tax consultants with multiple qualifications including chartered accountants, auditors or MBAs. PLUTA is a leading business reorganization and restructuring company, with excellent rankings and awards from INDat, JUVE, Focus, Legal 500, Who's Who Legal, Best Lawyers and Global Restructuring Review (GRR 100).