The Winning Group a.s. has acquired the assets of insolvent automotive supplier Räuchle GmbH & Co. KG as of May 1, 2022. Business operations will continue under the newly founded company Winning CoFo – Räuchle GmbH at the Dietenheim location.
Winning Group a.s. acquired the assets of Linden GmbH and Sächsische Metall- und Kunstoffveredlungs GmbH (SMK) from insolvency, including a 100% share in Linden s.r.o. in Hustopece. The deal saves around 380 of 450 jobs across three facilities in Germany and the Czech Republic.
Winning Group and EP Industries established a joint venture, Winning Automotive, which acquired the assets of SONA BLW Germany, an automotive supplier of precision forgings, through its subsidiaries. The acquired business has three production facilities in Germany, annual sales over €200 million, and 1,000 employees.
Winning Group, through its subsidiary Winning BLW GmbH, has signed a definitive agreement to acquire the assets of SONA BLW PRÄZISIONSSCHMIEDE GMBH and SONA AUTOCOMP GERMANY GMBH from insolvency, saving around 960 jobs across three German facilities.