Ex-Stadler boss gets in
Thurgau traditional company Knobel saved at the last moment – 60 jobs remain
A good three weeks ago, the Thurgau manufacturer of chocolate machines, the Knobel Group, threw in the towel. Bankruptcy! 60 employees lost their jobs. Now rescue is in sight. Ex-Stadler CEO Thomas Ahlburg takes over the bankrupt company.
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Rescue at the last second for the bankrupt mechanical engineering company Knobel in Thurgau.
In Felben-Wellhausen TG, the machines should start again soon. Thomas Ahlburg (52), former CEO of the Thurgau train builder Stadler Rail, has bought the assets of the bankrupt mechanical engineering company Knobel. At what price is not known.
“We are convinced of the technology and the employees and with the purchase we want to continue to offer high-performance machines and complete solutions as well as ensure the service of the more than 2000 installed systems,” Ahlburg said in a statement.
The new owner did not take over the company’s debts. Therefore, the takeover is probably only now, after the bankruptcy. If the investor had gotten in earlier, he would have had to bear the financial legacy.
Strong franc to blame for bankruptcy
Knobel from Felben-Wellhausen TG only filed for bankruptcy at the end of July. The reason for this was the strong Swiss franc, which threw the export business of the highly specialized company into difficulties.
Knobel is the world market leader in the production of molding machines for the chocolate industry. The Thurgau machines ensure, for example, that chocolate is poured into rabbit or Santa Claus molds every second. 95 percent of the machines are exported – the weak euro caused the margin to shrink.
The new owner Thomas Ahlburg is an industrial heavyweight from eastern Switzerland: from 2012 to 2020 he worked for the Thurgau train builder Stadler under patron Peter Spuhler (63), the last two years of which as CEO. Spuhler and Ahlburg separated in 2020 because of “insurmountable differences”. President Spuhler has never appointed a new CEO since Ahlburg’s departure – he has been running the company himself ever since.
Ahlburg, for his part, got into the chocolate business a year ago, taking over Awema AG and its sister company, Blumer Maschinenbau AG. Awema also manufactures machines for chocolate production and is therefore Knobel’s competitor.
employees have already been terminated
Although Knobel was saved with the takeover, the 60 employees had already been dismissed when bankruptcy proceedings were opened. The employees have to be brought on board again. The vast majority of them would return, some had already signed the new employment contracts, the new owners said on request. This includes Daniel Züger, former Chairman of the Board of Directors and new CEO.
The name is also new: the Knobel Group becomes Trikno AG. The Felben-Wellhausen location, on the other hand, will remain in place, the new owner assures. However, it will be a while before the machines there are running at full power again. Getting the company back up will take several weeks.
Thurgau chocolate machine manufacturer Knobel saved at the last moment
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