The JWE-Baumann corporate family is growing: At the beginning of 2019, Jürgen Weiß, as managing partner, took over the plant manufacturer Banss in Biedenkopf – an investment that enhances both companies and brings many benefits to the customers.
New start for traditional company Banss
Faster, more flexible, more individual:
Side by side with JWE-Baumann, the specialist for slaughter and conveyor technology goes on the offensive again
With Jürgen Weiß as Managing Partner, the new Banss GmbH commenced business operations at the beginning of 2019. “Banss is a renowned plant construction company, which we will bring back to success with fresh ideas and new structures,” says Jürgen Weiß, the owner of JWE-Baumann, as an introduction to the long-established company from the Hessian town of Biedenkopf.
The more than 140-year-old manufacturer of slaughter and conveyor technology had to file for bankruptcy in April 2018 in self-administration. In August 2018, a standard bankruptcy procedure was opened and Silvio Höfer was appointed insolvency administrator by the law firm anchor Rechtsanwälte. After sales negotiations with several interested parties had failed, Jürgen Weiß took over the company in December. “There are three good reasons for that”, says Jürgen Weiß, “Banss has a good name, which is known worldwide in the industry, a highly motivated team and a very good product portfolio.” Initially, the company will continue to focus on service and parts manufacturing for slaughter plants. In the next step, Banss will again offer complete slaughter plants
The consulting firm FalkenSteg Corporate Finance was entrusted with the sale of Banss. Johannes von Neumann-Cosel, partner at FalkenSteg, is pleased about the new owner: “With JWE-Baumann, Banss has found a good new home. The company will flourish under the leadership of the Weiss family and with Messrs Thilo Weide and Harald Weide. We are glad to have found such a goal-oriented and energetic investor.”
In addition to the technical equipment and the remaining 30 employees at the time of the acquisition, Jürgen Weiß has also acquired all the intangible assets of the old Banss company – patents, naming rights and construction plans. “Together with the know-how of the employees, this represents an immense value with which we can work well in the future.” Another weighty argument for the takeover decision was that Banss and JWE Baumann complement each other perfectly. While JWE-Baumann GmbH, which is one of the world’s leading suppliers of scalding and dehairing systems, primarily addresses medium-sized customers as a core target group, Banss also has equipment for volume production on an industrial scale. “Banss can continue where JWE-Baumann has stopped so far,” says Jürgen Weiß, “the expansion ultimately means a major upgrade for both companies in terms of service and product range, because we have the right solutions from the craftsman’s business right up to the corporation level.”
Although both companies continue to be managed separately, collaboration and cooperation are expressly encouraged. “In the future, for example, we can offer JWE Baumann plants for smaller slaughterhouses with conveyor technology from Banss,” says Jürgen Weiß, “in the long term, both companies will benefit.” Jürgen Weiß is encouraged in this by initial reactions from the market. “The customer feedback so far, both at Banss and at JWE-Baumann, is unanimously positive.”
Highest quality, technical innovation and individual service: with these three principles, Jürgen Weiß has turned a two-man operation into a world-wide special machine manufacturer JWE-Baumann in just over 20 years. These guidelines are now also geared to the realignment of Banss. “Know-how, experience and commitment are abundantly available”, says Jürgen Weiß, “what we need now are flat hierarchies, so that we can respond faster and more flexibly and respond more individually to customer wishes. Then Banss will again be competitive with the market leaders.”
The insolvency administrator Silvio Höfer had already implemented the first steps of the realignment. “The continuation of the service and spare parts business during the opened insolvency proceedings was a necessary step to save the company. This meant that the profitable part of the company and around 30 jobs could be maintained in Biedenkopf,” says Silvio Höfer.
Jürgen Weiß wants to hold onto the Biedenkopf location and invest there, on the one hand in product innovations and on the other in technology. The first step is to bring the IT system up to date. The number of employees at Banss is set to grow again in the medium to long term. “It is important that we retain a size that enables us to handle large plants but not have to accept every order at any price,” says Jürgen Weiß.
The nucleus of Banss in 1868 was a craftsman’s business for model metalwork and wrought ironwork in Biedenkopf in Hesse. Slaughtering technology has been manufactured since 1935. Banss became one of the world market leaders in slaughter and meat processing systems, storage and refrigeration systems, and temporarily employed more than 200 people.