MEC GmbH „KessTech“ – A step into the future
MEC GmbH „KessTech“ – A step into the future
The MEC GmbH „Throughout its company history, “KessTech" has always been an innovative and reliable partner for high-quality Flap exhaust systems established. In the midst of the current economic challenges, the company has now taken a decisive step to secure its future and emerge stronger from the situation: The initiation of provisional self-administration proceedings in accordance with Section 270b.
Stability and control: What the procedure means
Through the self-administration procedure, the MEC GmbH has full control over all business processes. It enables the company to actively implement measures for stabilization and long-term restructuring. At the same time, the ability to deliver remains unrestricted: The Production and delivery continue to take place on time and in the usual quality.
Warranty services and warranty claims are also fully covered—a clear signal of reliability and stability that customers can rely on.
The challenges and planned measures
The move was necessary in order to successfully overcome the economic burdens caused by outstanding liabilities from a company takeover, a sluggish expansion strategy, and problems in the supply chains.
The planned measures include:
- Reorganization of the financing structure: The goal is sustainable debt relief.
- Reorganization of sales: The dealer structure is to be optimized, particularly in the area of „Customizing Harley-Davidson.“.
- Expansion of foreign markets: New markets are to be opened up through cooperation with general importers and distributors.
The stated goal: the adoption of an insolvency plan that will sustainably reduce the company's debt and revitalize it.
A strong promise for the future
MEC GmbH is looking ahead with optimism. With high-quality, legal, and innovative products, the company remains a reliable partner for its customers.
Questions or uncertainties? The company is always available to answer questions and is confident that it will successfully navigate this path together with the support of its community.
Renovation consultant:
- Thomas Uppenbrink & Colleagues LLC, Hagen
- Klepper and Partners Attorneys at Law LLC, Hagen
Provisional administrator:
- Dr. Jan Plathner, Frankfurt am Main
MEC GmbH is committed to strengthening its market position in the long term and continuing to set the standards in the field of flap exhaust systems as one of the leading suppliers.
