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Germany: Management Buyout of Schüco’s Collector Production

Submitted by Baerbel Epp on March 14, 2013

Newly founded German company SolMetall has purchased Schüco’s assembling line for collectors and mounting systems and will continue to produce the products previously offered by Schüco. The three former Schüco employees who founded SolMetall in the German town of Spenge near Bielefeld on 14 January 2013 were Alexander Altemeier (former Purchasing Manager Production Plants), Uwe Berg (former Head Collector Factory) and Andreas Rosenwirth (former Head Collector Development). “Each of us owns 8 % of the company. The other 76 % of the shares are held by German Surikate Mittelstands AG,” confirms Berg, one of the three Managing Directors of SolMetall. The involvement of Surikate is no coincidence, as its subsidiary Schmöle had been a supplier to Schüco’s collector production since 1998.

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  • Companies : Schmöle

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