The acquisition includes production tools and systems
the owner of the BBS brand and its aftermarket business
has acquired all significant assets of the BBS plants located in Schiltach and Herbolzheim
This move comes as a part of the insolvency proceedings of BBS Autotechnik
The assets include a range of production tools and systems
remain confidential as per the agreement between the parties involved
KW said the acquisition will revitalise the BBS brand and aftermarket business
After the opening of insolvency proceedings on 1 October 2024
BBS Autotechnik’s provisional insolvency administrator Dr Dirk Pehl of Schultze & Braun dismissed most of the 240 employees at BBS’s Schiltach and Herbolzheim sites
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This marks the fifth insolvency for the rim manufacturer since 2010
BBS Autotechnik had taken over business operations from its fourth insolvency proceedings at the beginning of 2024
KW automotive managing partner Klaus Wohlfarth said: “After the tough cuts of recent months
we are now creating the conditions for a fresh start.”
the new assets will enable KW automotive to expand its manufacturing capabilities and improve its production concept
The assets will enable the restart of a largely automated and digital production line
The aim is to manufacture BBS wheels with speed and flexibility to meet market demand
The Herbolzheim plant is preparing to recommence operations with a lean structure and modernised logistics
The future of BBS is closely tied to the BBS Unlimited product range
developed in collaboration with KW automotive
This range features a wheel system that offers “unparalleled” handling and flexibility
Compatible with nearly any five-hole vehicle model
the flow-formed BBS Unlimited wheels can be integrated with hub caps
Wohlfarth added: “The complexity of a wheel should not prevent us from offering every BBS fan and potential customer multiple options for suitable alloy wheels
which can also be fully customised in terms of design
will undoubtedly be a key to our future success.”
KW automotive is a suspension manufacturer that owns several brands
and SimRacing brands TrackTime and Ascher Racing
The group operates through various companies and subsidiaries across key markets such as Belgium
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Wheel manufacturer BBS intends to gradually withdraw from the original equipment segment and concentrate on aftermarket business. This decision was announced by Stefan Prutscher, regional secretary of the IG Metall trade union. According to the union, BBS will cut 160 jobs at its Schiltach and Herbolzheim sites in Germany. The wheel manufacturer, which filed for bankruptcy for the third time in summer 2020
IG Metall and insolvency administrators have negotiated a reconciliation of interests and redundancy plan that will see a transfer company set up for a period of seven months
paying around 85 per cent of original net wages
All 160 affected employees will be offered the chance to switch to the transfer company
In addition, IG Metall is negotiating a restructuring collective agreement with BBS purchaser Klaus Wohlfarth (KW Automotive)
This is said to regulate the remaining employees’ financial contribution to the restructuring of BBS
“A refusal by IG Metall to negotiate a restructuring collective agreement could mean the end of BBS
The acquisition of BBS by the KW Group is the only and last chance for BBS to again become a successful company
Production will continue at the two locations in Schiltach and Herbolzheim
Other interested parties only wanted the brand name BBS in order to produce wheels with this name somewhere else in the world
That would have certainly meant the end for both sites,” said Prutscher
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You can read this article in 2 minutesBartosz Wawryszuk
Another gym for truck drivers is now open at the Herbolzheim Europa Rastpark on the A5 motorway in Germany
It is the 107th of its kind in Europe and the 23rd in Germany
The new gym is located on the route running along the France-Germany border in Baden-Württemberg
It is available to all travelers but is aimed at professional drivers in particular
It is hoped that the simple exercises that can be performed at the gym will help with relaxation and active rest during breaks from work
The new gym was built thanks to the support of UTA.“UTA has been a reliable partner for drivers for decades and is also committed to protecting the health of drivers in their challenging daily lives,” says Carsten Bettermann
“We have a long-term partnership with the DocStop initiative
and thanks to our ‘We care for you' campaigns
we have helped truck drivers take care of their health and daily hygiene during the peak phases of the coronavirus pandemic
we can support truck drivers on the road and facilitate their sports activities
can be easily integrated into their daily work routine and constitute a healthy counterbalance to the long hours behind the wheel,” adds Bettermann
You can find a full list of gyms for drivers on the foundation’s website
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