FIMA concludes investor agreement

Fontes will acquire FIMA Maschinenbau GmbH as a new shareholder and become FIMA´s new owner. In addition to the many years of consulting expertise of the Fontes team and its network, Fontes is backed by a financially strong and internationally operating family office. All company shares in FIMA are taken over and the legal entity is maintained. The signing marks an important step in the company’s turnaround process and lays the economic foundation for the implementation of the insolvency plan.

The insolvency plan will now be submitted short-term by Steffen Rauschenbusch to the responsible district court in Heilbronn. At a discussion and voting date yet to be set by court, the creditors will be able to vote on the proposal. Assuming a positive vote by the creditors, the insolvency proceedings will then be brought to a successful conclusion in the first quarter of 2022. Not only Steffen Rauschenbusch, but also FIMA Managing Director Dr. Serdar Ertong are happy about the quite positive developments in every department.

With FIMA, Fontes is pursuing a long-term strategic interest and intends to contribute to the company both financially and in terms of personnel. FIMA should once again become a sustainably successful and leading company in the market for process gas blowers and compressors through innovation and digitization. Many years of consulting expertise and an extensive network of specialist and industry contacts from Fontes are intended to support FIMA in this project.