ARQIS has advised the TRIGO Group, an international provider of operational quality management solutions for the manufacturing industry, with the expansion of its business activities in Germany. TRIGO has acquired the business operations of QSSL Industrieservice GmbH, a provider of quality assurance services to the automotive industry, from its insolvency administrator Ilkin Bananyarli (PLUTA) as part of a transferring reorganization. Both parties agreed not to disclose the purchase price.
Services provided by QSSL Industrieservice include quality control of parts and components as well as other industrial services such as assembly and logistics services. The current TRIGO locations in Stuttgart and Berlin will benefit from the successful acquisition, and the locations in Fellbach and Mannheim acquired through the takeover will also enable further, deeper market penetration.
TRIGO was founded in 1997. The internationally active company offers operational and strategic quality management solutions for the manufacturing sector, in particular for the automotive and aviation industries. With a team of more than 10,000 employees working in more than 25 countries on four continents, TRIGO offers a comprehensive portfolio of quality assurance services ranging from inspection and testing to consulting and training.
ARQIS already advised the TRIGO Group on its market entry into the German market in 2016 as part of the takeover of the “Böllinger Qualitätssicherungsgruppe”.
Advisors to TRIGO
ARQIS Rechtsanwälte (Düsseldorf): Dr. Jörn-Christian Schulze (M&A), Johannes Landry (Insolvency law, M&A) (both lead), Dr. Tobias Brors (labour law), Dr. Ulrich Lienhard (real estate); of Counsel: Dr. Thomas Görgemanns (M&A); Associates: Thomas Chwalek (M&A), Jennifer Huschauer (real estate), Berenike Gottwald (Legal Support Specialist, labour law)