01.02.2023 - Takeover of the operative business of turningtec GmbH in Gosheim by ORCA - the cutting group
We are pleased to announce that ORCA group will take over the operational business of turningtec GmbH in Gosheim on 01.02.2023 and will continue to manage it in a future-oriented manner.
turningtec is a medium-sized company in the field of machining technology with around 45 employees, an annual turnover of around 7 million euros and a range of parts and customers that is very similar to the ORCA group. The company was in a very difficult economic situation, but has managed to maintain production and continue to supply all customers in recent months through "insolvency proceedings in self-administration". All employees of turningtec will be transferred to ORCA group on 01.02.2023. We welcome turningtec employees to the ORCA Group and look forward to a good cooperation in all areas.
Our aim is to continue to supply all turningtec customers with the usual quality and reliability from the plant in Gosheim after the merger and we would like to thank them already now for their loyalty and trust in the ORCA group.
We would also like to take this opportunity to express our special thanks to the administrator Dr. Schleich, the general attorney Martin Mucha from the GRUB BRUGGER law firm, the managing director Jochen Glück and his team, the turningtec employees and the creditors' committee chaired by the KSK Tuttlingen, and the GRUB BRUGGER law firm, who all accompanied the takeover process fairly and with great commitment.