Gramm holding company enters insolvency proceedings – PLUTA partner Steffen Beck seeks solutions for properties and foreign companies

Gramm GmbH & Co. KG, the Gramm Group’s holding company, has filed for insolvency. On 15 December 2025, the Local Court of Ludwigsburg ordered provisional insolvency administration and appointed Mr Steffen Beck from PLUTA Rechtsanwalts GmbH based in Stuttgart as provisional administrator.

The company has had to file for insolvency due to outstanding rent payments from the Group’s insolvent subsidiaries. Gramm Technik GmbH headquartered in Ditzingen and with a production facility in Ilmenau, Thuringia, and Gramm Oberflächentechnisches Institut Bodensee GmbH based in Buchheim had been responsible for the Group’s main business operations. Both companies have been involved in insolvency proceedings since late April 2025.

The long-standing group specialised at an early stage in special coating processes for industrial applications. In Germany, it manufactured in Ditzingen and Ilmenau, while its research and development capacities were concentrated in Buchheim in the Upper Swabia region.

PLUTA partner Mr Steffen Beck is now provisional insolvency administrator for the holding company, which owns the properties at the locations in Ditzingen, Ilmenau and Buchheim. In addition, the company holds 90% and 100%, respectively, of the three foreign subsidiaries, which are not involved in insolvency proceedings – namely, Gramm Industries Inc. in the US, Grammtecnica S.A. de C.V. in Mexico and Gramm Technika Sp.z.oo. in Poland.

Property realisation in the interests of the creditors

The PLUTA team will now realise the properties at Ilmenau and Buchheim in consultation with the mortgagees. It also plans to sell the company’s holdings in Gramm’s foreign subsidiaries in the US, Mexico and Poland. The business is continuing to operate at all three locations. The holding company itself only employs five people, who are responsible for organisational and administration tasks. Their salaries are guaranteed thanks to specific substitute benefits provided under German insolvency law.

In an initial statement, PLUTA attorney Mr Steffen Beck said, “We will review the situation over the coming weeks. In respect of all three locations in the US, Mexico and Poland, my goal is to find investors to acquire the holdings by way of a share deal. We will shortly launch an M&A process for this. From 2026, we will also begin to realise the company’s property.”

In addition to Mr Steffen Beck, the PLUTA team also comprises attorneys Mr Fritz Zanker and Mr Sven Heuser.