Insolvency administrator in negotiations over manroland

The prospects of a successful investors' agreement for the insolvent manroland have improved further. Auditor Werner Schneider of the law firm of Schneider, Geiwitz & Partner has reported numerous recent negotiations with interested parties. ‘We now have parties seriously interested in all three production sites in Augsburg, Offenbach and Plauen, with whom we are involved in ongoing negotiations,’ Schneider said.

The ultimate aim continues to be selling key company segments by the end of the current insolvency proceedings on 31 January, 2012 to ensure continued operations and save as many jobs as possible. Given the promising interest of potential buyers, this is said to remain a feasible aim. ‘However, nothing has been signed yet,’ Schneider added. He also thanked the representatives of the works council for their excellent cooperation and their constructive collaboration towards a quick sale.

Manufacturing at the German sites is continuing without any restrictions. Two large 96 DIN A4 pages Lithoman printing presses recently took up operation and a further press of this kind will be delivered within a few days. The sheetfed business sector will deliver 29 presses by the end of January. Based on the current order situation, production is expected to continue beyond 31 January, 2012.