Chinese CSG Group has bought MAKA Systems

11.10.2018 − 

The listed Chinese company CSG Smart Sciene & Technology has acquired the CNC plant manufacturer MAKA Systems. The acquisition of the shares previously held by Dr. Paul Lerbinger and Dr. Thomas Rubbe was agreed on August 23, and closing is expected at the end of October. The parties have agreed not to disclose the purchase price. The CSG Group has asserted itself against interested parties who also wanted to take over MAKA Systems. The management of MAKA Systems will remain with Klaus Kern, who joined MAKA as a consultant in March 2012 and was appointed to the management board a few weeks later, even after completion of the takeover.

Lerbinger and Rubbe had bought as private investors on 24 October 2013 from the private equity company Promimity Capital Partners. The predecessor company Maka Max Mayer Maschinenbau filed an application for the opening of insolvency proceedings at the Neu-Ulm Local Court on March 8, 2010, following a significant decline in sales and earnings in fiscal 2009. The insolvency administrator Martin Hörmann sold the company to Prolimity Capital Partners in May 2010 as part of a transferring restructuring. On 1 July 2010, the company was renamed MAKA Systems.

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