Menold Bezler advises on the sale of k + k information services out of insolvency
Menold Bezler lawyer Dr. Sebastian Mielke, as the insolvency administrator of k + k information services GmbH from Fellbach, has successfully sold the business operations of the information and data management expert, effective March 1, 2024.
For around 30 years, k + k information services GmbH has been developing complex data management solutions primarily for automotive clients. Due to the loss of a major customer contract, the company, represented by the law firm Grub Brugger, had to file for insolvency. The Stuttgart District Court then ordered precautionary measures in November 2023. Since then, the business operations have continued without interruption. Shortly after the opening of the insolvency proceedings on February 1, 2024, the transfer was completed, preserving all 54 jobs.
Menold Bezler supported the restructuring process with Dr. Sebastian Mielke as the insolvency administrator, together with Julia Braun, providing legal advice throughout the sale. Allea Consult assisted with the M&A process.
