Gindumac creates new business unit

Responding to rising insolvencies and restructuring among industrial manufacturing companies that began in 2021 and is forecasted to increase this year, Gindumac has brought on industrial liquidation expert Oliver Maxeiner and created a new business unit that it calls Project Acquisition. 

“We are very close to the pulse of industrial manufacturing. In recent months, more and more companies have asked us about restructuring their production in order to be able to achieve liquidity in the short term through machine sales. The number of offers for plant closures has increased significantly in the same period,” explains Janek Andre, Gindumac’s CEO.

The company said it will begin by focusing on opportunities in Germany, Austria and Switzerland for this year, and will consider adding other countries should business opportunities warrant an expansion.

“With the new business division, we are following the signs of the market. With Oliver Maxeiner, we have been able to gain an experienced industry expert and entrepreneurial spirit who knows what is important in the project business in the manufacturing industry. We are pleased to be able to … offer our industrial customers an even more comprehensive range of services,” said Benedikt Ruf, managing director of Gindumac.

Headquartered in Kaiserslautern, Germany, Gindumac has subsidiaries in Spain and India, and operates an online marketplace for buying and selling used plastics processing machinery globally.