What we did
Capitalmind Investec conducted a review of strategic options including a targeted international approach with a focus on strategic investors, supporting the creditors‘ trustee Dr. Holger Leichtle of Schultze & Braun, general representative Martin Mucha of GRUB BRUGGER and the owner & CEO Albrecht Maier, in the context of AWG’s insolvency in self-administration (“Schutzschirmverfahren”). Within a few weeks, Capitalmind Investec provided detailed feedback from the decision-makers of relevant buyers to the AWG stakeholders. Due to its international reach and profound expertise in distressed situations, Capitalmind Investec assured a swift delivery of qualified offers to the creditors’ committee as a basis for its decision-making process.
About the deal
AWG Allgemeine Warenvertriebs-GmbH, founded in Köngen near Stuttgart in 1969, is one of the major players in German apparel value retail, offering a wide selection of own and third-party brands for men, women, and children. AWG employs more than 2,000 people and generates sales in excess of € 250 million.