PLUTA restructuring expert Dr Ria Brüninghoff sells Terbrack Kunststoff GmbH & Co. KG to Röchling Industrial

Dr Ria Brüninghoff from PLUTA Rechtsanwalts GmbH has announced good news in the insolvency proceedings for Terbrack Kunststoff GmbH & Co. KG: Röchling Industrial will acquire the operating business under an asset deal on 1 March 2026. All jobs at Terbrack Kunststoff GmbH & Co. KG will be saved.

With the newly established Röchling Industrial Vreden GmbH acquiring the business and keeping on all 100 or so employees, the internationally renowned plastics engineering company with global operations is expanding its product portfolio, securing the future of Terbrack Kunststoff GmbH & Co. KG and ensuring continuity for customers, suppliers and staff.

Founded in 1954, Terbrack is a pioneer specialising in the processing of high-quality engineering plastics. The company from Vreden in the Münsterland region manufactures pressed sheets, extruded profiles, round rods and other semi-finished products as well as various finished parts for the mechanical and plant engineering, packaging, chemical and food industries.

“By acquiring Terbrack, we are seizing an important opportunity to strategically expand our network and significantly increase reliability for our customers,” emphasised Mr Wilhelm Korte-Dirxen, Chief Operating Officer of Röchling Industrial. “Terbrack ideally complements our existing know-how and strengthens our production network at a key point. The team’s high level of expertise and the established technologies open up additional opportunities for us to sustainably further consolidate our market position.”

Optimal solution achieved

Attorney Dr Ria Brüninghoff expressed her satisfaction: “We have fully maintained production, stabilised operations and continued to meet all customer requirements over recent months. The Terbrack employees have shown exceptional commitment, laying the groundwork for a successful transaction. My team and I have also received crucial support from managing director Mr Michael Wittka. I would like to take this opportunity to express my sincere gratitude to the entire Terbrack team for going above and beyond what was required of them. I wish to thank the business partners as well, who have also given their full support to the restructuring efforts over recent months. All involved in the proceedings will benefit from the solution achieved – most particularly the employees, but also all creditors through the safeguarding of the company’s value and ultimately the investor as well, who is expanding its product portfolio with Terbrack. I am extremely pleased that we have secured Röchling as an investor, as it is the perfect fit for Terbrack and, among other things, fully recognises the value of its employees.”

Terbrack Kunststoff GmbH & Co. KG had to file for insolvency with the Local Court of Münster, as the competent court, in autumn 2025. On 29 October 2025, the court ordered provisional insolvency administration and appointed attorney Dr Ria Brüninghoff from PLUTA Rechtsanwalts GmbH as provisional administrator. On 1 February 2026, the court opened insolvency proceedings for the company’s assets and appointed Dr Ria Brüninghoff as regular administrator.

By acquiring Terbrack, Röchling Industrial is gaining new capacities: the additional site will increase redundancy within its production network and provide greater flexibility for customers. At the same time, the acquisition underlines Röchling’s clear commitment to Germany as a location for industry and strengthens regional value creation.

Both companies share a tradition of family entrepreneurship and a focus on long-term thinking. “As a family-owned company, we place great value on stability and continuity. It is particularly important to us to offer all Terbrack employees reliable future prospects. For this reason, through the newly founded Röchling Industrial Vreden GmbH, we are keeping on the more than 100 employees at the Vreden site and, together with them and their expertise, will help shape the future of Röchling Industrial,” said Mr Daniel Fritz, Chief Financial Officer of Röchling Industrial.

The business has continued operating without restrictions in recent months. At the same time, the PLUTA restructuring expert and her team have worked on a follow-up solution and conducted a process of finding an investor in close coordination with the provisional creditors’ committee; this has now been successfully completed. The experts at CVM CAPITAL VALUE MANAGEMENT GmbH based in Dortmund, most notably Ms Maya Thielenhaus, took charge of the M&A process, with significant support from the PLUTA team.

In addition to Dr Ria Brüninghoff, the PLUTA team also comprises attorneys Ms Nadja Neuber and Mr Leon Linz as well as business lawyer Mr Tim Austmeyer. Dr Brüninghoff is receiving additional assistance from business management expert Mr Christian Plückebaum (PSM Management GmbH).

Attorney Mr Oliver Ruhe-Schweigel from law firm ks rechtsanwälte + notare gbr, Essen, is acting as legal adviser to Terbrack Kunststoff GmbH & Co. KG. He initiated the proceedings and has also supported the provisional proceedings in this capacity.