Aksys
| AKsys GmbH iI | |
|---|---|
| legal form | GmbH |
| founding | December 1, 2001 |
| resolution | 2010 |
| Reason for dissolution | insolvency |
| Seat | Worms , Germany |
| management | Tobias Höfer, insolvency administrator |
| Number of employees | 610 |
| sales | EUR 107.1 million (2010) |
| Branch | Automotive supplier |
The AKsys GmbH was a German, plastics processing company group with headquarters in Worms . The AKsys group was divided into the business areas of acoustics , heat protection and complex plastic components and was a supplier to the global automotive, household appliance and construction industries. The product range included systems for sound deadening and sealing, sound and heat insulation and absorption, engine and underbody cladding, plastic structural components and interior fittings for commercial vehicles.
The group made 85 percent of sales with insulation systems for the automotive industry. AKsys was the European market leader in the areas of anti-drumming systems (around 50 percent market share) and long-fiber reinforced thermoplastics (around 30 percent market share); in the acoustics sector, AKsys was one of the five largest companies in Europe. The company filed for bankruptcy in May 2009 and was crushed by an asset deal .
history
AKsys was created as part of a management buy-out on 1 December 2001 from the two of the Rutgers works breakaway car suppliers CWW-Gerko acoustics in Bielefeld (European leader in vehicle Entdröhnungen) and RKT plastics in Peine (specialist made in press technology plastic structural components, Encapsulation against engine noise and underbody cladding).
In 2002 the company merged with Faist Automotive based in Krumbach (Swabia) . Faist Automotive was founded in 1999 as a division of a family company founded in 1904, which originally produced felt slippers , beer felts and felt sheets, later also asphalt, tar and bitumen felt for building construction, and its second division, Faist Anlagenbau , which was legally independent in 1991 and financially in 1996 (approx 300 employees, turnover in the 2008/2009 financial year: 40 million euros) is one of the world market leaders for noise protection in industrial plants. As with AKsys, Michael Faist is the majority shareholder and one of the managing directors of Faist Anlagenbau. The Faist family is one of the largest employers in structurally weak Central Swabia .
In addition to the management (8 percent), the Faist family (15 percent) and the three financial investors Deutsche Beteiligungs AG (35 percent), Beteiligungsgesellschaft für die deutsche Wirtschaft (30 percent) and Süd Private Equity (12 percent) were involved in the merged AKsys. . Faist Automotive alone achieved an annual turnover of 93 million euros in 2001 with 750 employees. In 2002, after the merger with Faist, AKsys sales were around 360 million euros, and in 2006 389 million euros. On January 1, 2004 the group became a GmbH .
In October 2008 Michael Faist took over the shares of the investors and became majority shareholder and chairman of the supervisory board of AKsys with around 90 percent of the shares. Managing director and minority shareholder (around 10 percent of the shares) is Bernd Lieberoth-Leden, who was a manager at Bosch until 2001 and then at the car manufacturer Karmann until 2006 . With the beginning of the economic crisis in autumn 2008, sales collapsed by up to 40 percent. From the end of 2008, short-time work was carried out for several weeks in some German plants as part of a restructuring program drawn up together with Roland Berger . After in May 2009 KfW had rejected AKsys's application for a default guarantee for a loan from the 2009 special program in spite of multiple collateral and support from the house banks, and in June the steering committee of the German Economic Fund also refused, the company applied for an end May 2009 the opening of insolvency proceedings at the district court of Worms due to impending insolvency . The bankruptcy proceedings were opened on September 1, 2009. Attorney Tobias Höfer from the Hack & Höfer law firm has been appointed as insolvency administrator . At that time, AKsys had 2,400 employees, 1,800 of them in Germany.
Aksys was eventually broken up and sold in individual parts ( asset deal ), after the original aim was to sell it all :
- The division deadening with locations in Worms and Frankfurt as well as the respective offices in Poland , Spain and the United States was the beginning of April 2010 to the Faist GmbH ChemTec the former majority shareholder Michael Faist as well as the financial partner Hannover Finanz sold
- The plastics division with locations in Peine , Köngen and Ziemetshausen was sold to various investors, the Peine location went to the company FPK SA, an indirect subsidiary of the Spanish Mondragon Corporation , the location in Köngen went to Minda Schenk Plastic Solutions GmbH and the location Ziemetshausen to Geiger Automotive GmbH
- The insulation division with the Krumbach and Ellzee locations went to Borgers AG
- The acoustics division with the Bielefeld location went to Dr. Freist Automotive GmbH
The asset deal was concluded on February 1, 2011 with the sale of the Brazilian plant in São José dos Pinhais to FPK SA, which had already taken over the Peine location .
Structure and key figures
The AKsys group employed around 1900 people in Germany and last had ten locations there (as of June 2009):
- Four of the former Faist locations with around 700 employees are located in the Bavarian-Swabian district of Günzburg :
- Ellzee : manufactures deep-drawn and foam parts made of polyurethane for sound insulation in cars and for interior fittings in commercial vehicles (soft foam absorbers, film-laminated hard foam panels, chamber absorbers / noise capsules, equipment for truck driver's cabs, textile underbody panels, wheel arch linings); around 250 employees
- Krumbach (Schwaben) : interior cladding of commercial vehicle cabins , extruded anti-drumming foils, EPDM foils, insulating materials in sandwich construction and others; around 210 employees
- Ziemetshausen (former Nokia factory): plastic injection molding, paint shop, automatic welding machines; Parts are manufactured and assemblies are assembled for heating and ventilation, air conditioning and cladding in engine and vehicle interiors; around 120 employees.
- Thannhausen (AdMould GmbH): Product design center, design and manufacture of tools for own and external use; around 50 employees
- Dillingen an der Donau : Logistics for the delivery of damping foils to the Dillingen dishwasher factory of the manufacturer BSH
- Arnstadt- Rudisleben , near Erfurt in Thuringia (subsidiary AKsys Ecotex GmbH): Manufacture of thermoset-bonded cotton fleece, processing by punching or pressing into interior trim parts and engine capsules; around 50 employees
- Worms , Rhineland-Palatinate: largest plant in Europe for damping foils, as well as AKsys head office, acoustic test center and development laboratory for anti-drumming foils; around 260 employees
- Bielefeld , North Rhine-Westphalia: Heat protection and polyurethane processing, production of textile composite materials (sound insulation, textile underbody cladding, wheel arch cladding, heat shields); around 280 employees (in 2004 there were 450). The main customer is Volkswagen AG with around 50% of the shares . Founded in 1856 as a tar factory Gassel, Reckmann and Co., which later also produced tar cardboard. After renaming to Gerko, the merger with Chemiewerke Weinsheim (CWW) took place in 1994 to form CWW-Gerko
- Köngen in the district of Esslingen, Baden-Württemberg (former RKT factory): fiber-reinforced plastic molded parts in compression and injection molding (spare wheel wells, engine capsules, front-end assembly carriers, underbody panels, seat components, battery carriers, tubs for washing machines); around 290 employees.
- Peine , Lower Saxony: molded plastic parts in injection molding and pressing technology (front-end assembly carriers, spare wheel wells, engine capsules, underbody panels); around 160 employees
- Frankfurt am Main , Hessen: Damping foils and compounds as well as sealing products and adhesives; around 190 employees
There are also a total of seven branches with a total of around 600 employees:
- Złotoryja (Poland): damping foils; around 50 employees
- Terrassa (Spain): damping foils, sound insulation, hat racks; around 150 employees
- Zamudio (Spain): fiber-reinforced plastic molded parts (front-end mounting supports, engine capsules, underbody panels); around 60 employees
- São José dos Pinhais (Brazil): fiber-reinforced plastic molded parts; around 60 employees
- Chachapa ( state of Puebla , Mexico): fiber-reinforced plastic molded parts, around 190 employees
- Gastonia, North Carolina (USA): damping foils for household appliances, textile wheel arch linings; around 80 employees
Competitor
Important competitors of AKsys include:
- Carcoustics , Leverkusen (D)
- Collins & Aikman , Southfield, Michigan (USA)
- HP Pelzer Group , Witten (D)
- Rieter , Winterthur (CH)
- Stankiewicz , Celle; since 2009 part of IAC , Dearborn, Michigan (USA)
Individual evidence
- ↑ a b Annual financial statements as of December 31, 2010 in the Federal Gazette
- ↑ http://www.aksys.de/downloads/PM_aksys.pdf (link not available)
- ↑ http://www.chemie-rp.de/magazin_volltext.php?id=163 (link not available)
- ^ Matthias Lambrecht: How Aksys flashed off the state ( Memento from June 8, 2009 in the Internet Archive ) In: Financial Times Germany . June 8, 2009.
- ↑ Springer Professional: Insolvency proceedings opened against automotive supplier AKsys. September 2, 2009, accessed November 26, 2013 .
- ^ Augsburger Allgemeine: Michael Faist buys two Aksys locations. (No longer available online.) April 9, 2010, archived from the original on December 2, 2013 ; Retrieved November 26, 2013 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Kunststoffweb: AKsys: Kunststoffwerk Peine goes to Mondragon. July 27, 2010, accessed November 26, 2013 .
- ^ Kunststoffweb: AKsys: Geiger Automotive and Minda Schenk take over works. July 7, 2010, accessed November 26, 2013 .
- ↑ RW concept for corporate communication : Borgers AG takes over the isolation division of AKsys. (No longer available online.) May 3, 2010, archived from the original on December 4, 2013 ; Retrieved November 26, 2013 .
- ↑ RW Concept Corporate Communication: Dr. Freist Automotive buys AKsys' Bielefeld location. (No longer available online.) May 5, 2010, archived from the original on December 4, 2013 ; Retrieved November 26, 2013 .
- ↑ Insolvency advisor: Insolvency administrator Tobias Hoefer finds investor for last AKsys location. February 7, 2011, accessed November 26, 2013 .
