“In Kufner Holding GmbH we have found a strong strategic investor to take over Bamberger Kaliko Textile Finishing GmbH,” was the good news announced by Kaliko Managing Director Alexandra Semrau. “Kufner is an innovative global manufacturer of technical textiles and the world market leader in the lining segment. Kufner’s experience and internationality thus creates huge potential to bring Kaliko back on course for success,” continued Semrau. A joint engagement between Kufner and the restructuring experts from the Austrian VMS Group is planned.
The two companies have already worked together successfully in a similar project. Ulrich Sogl, CEO of the Kufner Group on the takeover of Kaliko: “We are happy that we, together with all stakeholders, managed to find a takeover solution, which was signed contractually on 14 December 2018. The Bamberg site, with its four product segments, will not only be preserved, we are also planning extensive investments and other operative measures. The objective is once again to achieve a leading market position in the existing business areas. If we all manage to achieve this positive development of the company together, a further expansion of jobs is conceivable.”
With around 130 employees, the Franconian company Kaliko is one of the most important producers in the finishing, coating and colouring of bookbinding materials, roller blinds, technical fabrics and textile-based abrasive cloths. The works council and the trade union support the takeover, as confirmed by Marcel Adelhardt from IG Metall Bamberg: “Kufner and VMS want to secure the jobs in Bamberg and provide staff with a new perspective. The collective agreement of the textile and clothing industry will continue to apply. In the last few weeks, all parties involved have worked very intensively on this solution and are proud of the result. Despite the differences in opinion at times, due to the various different interests, the cooperation was always constructive and focused on the matter at hand, i.e. the continuation of the company and the preservation of the existing jobs. We are glad that we can send the staff of Bamberger Kaliko into their Christmas holidays with this good news.”
However, Kufner and VMS do not plan to stand by idly until then, as Roman-Knut Seger explains. “There are already comprehensive plans and many ideas for the further restructuring of Kaliko. Customers, suppliers and employees still stand behind the company. Even though we have managed together to stabilise the day-to-day business since the insolvency declaration last June, and although the restructuring is also showing some signs of success, there is still a lot to do. The new owners will take up the baton from here and will become involved in the traditional business, so that Kaliko can become competitive again as quickly as possible.” Integration into the Kufner Group, which includes five factories on two continents and 20 distributive companies worldwide, will lead to improved purchasing conditions, for example, and an optimised financial structure.