OTS: Sunday corporate finance / succession planning at AZ Services …

Succession plan at AZ dienstleistungen GmbH: successor office

accompanies North German cleaning and security service providers

Sale to Astrein Excellent Building Management International GmbH

(PHOTO)

Wetzlar (ots) – successor office, in association with sonntag corporate finance one

Germany’s leading M&A advisory boutique with a focus on medium-sized companies

Succession, successfully advises the shareholders of AZ dienstleistungen GmbH

on the sale of 100% of the shares to the Hamburger Astrein Excellent

Building Management International GmbH. Sellers are Ernst Rechter and Georg

Zimmermann, who will take over their shares as part of an age-related succession plan

sell. Zimmermann will remain on board as a consultant during the transition phase –

likewise, the previous AZ management team will remain in their previous roles

Company.

AZ dienstleistungen GmbH, founded in 2009 and based in Lower Saxony

Harpstedt and two other locations in Bremen and Hamburg is the provider

various building services. With its wide range of products

– from building and glass cleaning, reception and reception services to

tailor-made security services as well as caretaker services – is served by the

Service specialist, especially customers from the areas

Housing companies and entertainment, especially theater and

musical venues. The company currently employs around 60 people.

Hamburg-based Astrein Excellent Building Management International GmbH

was founded in 1987 and today operates from the two Hamburg locations

as a Germany-wide specialist for building cleaning and

Services – from maintenance, hotel, facade and special cleaning

to hotel services and stewarding. Through many years of experience and constant

The company offers its customers further development of the product portfolio

customized service solutions.

With the takeover of AZ services, the two are bundling

Service specialists are now enlarging their forces and are ideally placed to provide the

To meet the requirements of the market environment in the best possible way. In addition, the

merger the optimal use of synergies, especially in sales

as well as the complementary expansion of the service portfolio. “We are called

AZ services with all employees warmly welcome to us”,

comments Dimitri Root, Managing Director at Astrein Excellent

Building Management International. “AZ has an excellent

Industry network and an excellent position in the North German market – we

We look forward to a successful future together.”

After working for many years in sales and management positions, I have

AZ Services together with my co-partner into one

companies operating throughout Germany. Now it’s time that

To place the growth of our life’s work in new, trusting hands – we

look forward to finding the ideal one with Astrein Excellent Building Management International

to have found a partner for this,” says Georg Zimmermann, one of the two founders

and shareholder of AZ dienstleistungen GmbH.

“The building cleaning industry was affected by the restrictions of the corona pandemic

severely affected – this has led to enormous uncertainty in the market,” explained

Sebastian Wissig, project manager at Nachfolgekontor. “Through our anonymous

Our client was also able to complete the bidding process in economically challenging situations

times to a broadly diversified pool of potential buyers

fall back and ensure the right partner for going forward

of his company,” Wissig continues. “A tight, smooth one

Teamwork is crucial for success in follow-up processes – through

our extensive industry network and close cooperation with tax and

Legal advice enabled us to make the transaction successful for everyone involved

complete,” adds Philipp Panther, project employee at Nachfolgekontor.

About Nachfolgekontor and sonntag corporate finance: Nachfolgekontor GmbH

is one of the leading companies in association with the sonntag corporate finance GmbH

M&A consulting firms in German medium-sized companies. The almost 30-strong team of experts

accompanies medium-sized entrepreneurs exclusively through the entire

sales process. “Our job is to secure life’s work,” reads

the self-understanding. Customers benefit from a unique,

Approach that has received multiple awards from the business press, the identity

of their companies to a special degree. With excellent access to

Mittelstand have also established their successor office and sonntag corporate finance as

strong partner alongside renowned national and international companies

Established for large companies and investors in acquisitions.

http://www.nachfolgekontor.de / http://www.sonntagcf.com

About AZ dienstleistungen GmbH: http://www.azdienstleistungen.com/

About Astrein Excellent Building Management International GmbH:

https://www.astrein-excellent-international.de/

Press contact:

IWK Communication Partner

Judith Spießberger / Christoph Meinersmann Ohmstrasse 1

80802 Munich

+49 89 200030-38

mailto:[email protected]

Further material: http://presseportal.de/pm/135124/5324090

OTS: sunday corporate finance

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