Lincoln International advises on the sale of EBKE Küchen GmbH to CRISTINI GmbH
EBKE Küchen GmbH has been acquired with the effective date of May 1st, 2008, by CRISTINI GmbH. With a history dating back to 1961, Ebke Küchen GmbH has been a leading manufacturer of high-end premium kitchens, belonging to the famous Brands in Germany and other European countries, within this market segment. EBKE owns modern production facilities and at last count employed 140 people. Ebke went into insolvency at the end of November 2007, while still continuing with production today.
Dr. Frank Gebert, being the former CEO of ALNO Küchen and current acting partner and sole shareholder of CRISTINI GmbH, is the new owner of EBKE. By acquiring EBKE Küchen GmbH, CRISTINI GmbH follows long-term corporate objectives, focusing on a stronger positioning in the international market.
Due to the assigned restructuring process, Stefan Meyer, from Meyer Rechtsanwälte Insolvenzverwalter (Mayer Lawyers and Insolvency Administrators), initially became the interim insolvency administrator and was officially appointed on January 2nd, 2008. Lincoln International AG was mandated by the insolvency administrator to find a new investor for EBKE Küchen, which secures the continuance of the business and a sufficient prospect for the company.
About Lincoln International
Lincoln International specializes in merger and acquisition services, private capital raising, and providing fairness opinions and valuations for leading organizations involved in mid-market transactions. With offices in Chicago, Frankfurt, London, Los Angeles, Madrid, New York, Paris and Vienna, and strategic partnerships with China Everbright and other partner firms in Asia, Lincoln International has strong local knowledge and contacts in the key global economies. The organization provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.
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