M&A process Peters + Laza GmbH & Co. KG

Peters + Laza Construction Company GmbH & Co. KG:

- Insolvency opening proceedings initiated

- operating division already stabilized

- Employees are covered by the pre-financing of insolvency benefits

- structured M&A process started

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On 07.02.2023, the Paderborn District Court approved the application for insolvency of the construction company Peters + Laza Bauunternehmung GmbH & Co. KG.

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Attorney and specialist lawyer for insolvency and restructuring law Marco Kuhlmann from the law firm KKN Rechtsanwälte in Soest was appointed as interim insolvency administrator. Peters + Laza Bauunternehmung GmbH & Co. KG with around 30 employees is represented by the managing director, Mr. Lukas Kleeschulte. The experienced restructuring expert Kuhlmann and his team are striving to continue business operations in Lippstadt in order to be able to maintain as many employment relationships as possible. Since the start of insolvency proceedings, the preliminary insolvency administration with the managing director of Peters + Laza construction company has already been able to stabilize the operational business and continue to execute existing orders. This was implemented at short notice using measures such as negotiating new work contracts while involving suppliers and customers at the same time.

Following successful stabilization of business operations, the provisional insolvency administrator has now initiated the search for suitable investors. The market approach is therefore aimed at companies from the construction industry that also specialize in architectural services and construction — in particular, the highly qualified employees, the customer base and the existing orders should be of interest to potential buyers. novaerion GmbH was commissioned to carry out a professional M&A process.

About attorney Marco Kuhlmann

Attorney Marco Kuhlmann is a restructuring and restructuring expert and specialist lawyer for insolvency and restructuring law. He is one of the managing partners of the supra-regional law firm Kreplin Kuhlmann Nasser Rechtsanwälte (KN Rechtsanwälte), one of the leading insolvency administration firms in Germany. The law firm specializes in professional insolvency administration and restructuring advice for crisis-prone companies.

About novaerion

novaerion GmbH, based in Düsseldorf, acts as a transformation and transaction consultancy. The areas of advice range from strategic reorganizations and earnings crises to support as part of comprehensive restructuring procedures as a CRO and as M&A support in special situations.

Contact person for potential buyers:

andre.schroeer@novaerion.com