An investor solution has been successfully implemented for the Balver Zinn Group. As part of a structured investor process within the ongoing insolvency proceedings, the acquisition by companies of the internationally active Amalgamated Metal Corporation PLC (AMC) has now been completed. Insolvency administrator Dr. Jan Janßen, partner at GÖRG: “This secures the continuation of operations at all locations in Germany, the Netherlands, and the United States.
As part of the restructuring by way of an asset deal, the Balver Zinn Group’s key assets and operational business activities, including the location in the Netherlands, were acquired. Business operations will continue within AMC’s international metals and recycling organization.
“With the conclusion of the structured investor process, we have succeeded in implementing a sustainable going-concern solution for all core areas of the Balver Zinn Group. Preserving key jobs and international locations creates stability for customers and business partners and opens up long-term prospects for the company,” explained Dr. Jan Janßen, insolvency administrator and partner at GÖRG.
Business continuation and investor process successfully concluded
Insolvency proceedings for the companies of the Balver Zinn Group were opened on February 1, 2026. Business operations were already stabilized during the preliminary insolvency proceedings.
In parallel, a structured investor process was launched, attracting numerous national and international investorsIn the course of this process, AMC was selected as the strategic investor. The investor process was managed by GO & Company, while legal support for the process was provided by a team led by GÖRG partners Dr. Michael Schaumann and Christopher Schiller. In the Netherlands, the investor process was advised by the law firm Stek.
Strategic Integration into AMC
London-based Amalgamated Metal Corporation PLC (AMC) is an internationally active industrial group with over 100 years of experience in the trading, recycling, and processing of non-ferrous metals. With this acquisition, AMC strengthens its European presence in the fields of tin alloys, soldering technology, and metal recycling.
Balver Zinn has extensive metallurgical expertise as well as proprietary smelting and casting technologies, wire and powder metallurgy, and integrated recycling capacities for the recovery of tin and tin alloys. This technological foundation forms a key foundation for future development within AMC.
The goal is to sustainably strengthen the competitive core areas—particularly in the tin alloys, solder materials, and recycling segments—and integrate them into the Group’s international structure. At the same time, the product portfolio will be strategically developed and aligned with long-term profitability.
“Balver Zinn is a company with a high level of technological expertise and a dedicated workforce. Integration into AMC’s international structure creates new opportunities to further build on existing strengths and secure long-term growth,” said David Sher, Group Managing Director of AMC.
Background of the Insolvency
By orders of the Arnsberg Local Court dated October 24, 2025, preliminary insolvency proceedings were ordered regarding the assets of Balver Zinn Josef Jost GmbH & Co. KG, Jost Zinkgießerei GmbH, Jost Zinn Recycling GmbH, and Ba-Ti-Loy Gesellschaft für Lötmitteltechnik mbH. In a further ruling dated November 24, 2025, preliminary insolvency proceedings were also ordered regarding the assets of Cobar Europe B.V. On February 1, 2026, all proceedings were opened.
The insolvency petitions were filed against the backdrop of a strained liquidity position, which was attributable, among other factors, to limited financing options and operational disruptions in material procurement.
Business operations were continued and stabilized during the insolvency proceedings. The wages and salaries of the nearly 100 employees were covered by insolvency payments until the end of January and were paid out. Since the proceedings were opened, they have been financed from the company’s current revenues.
Founded in 1976 and headquartered in Balve (North Rhine-Westphalia), the Balver Zinn Group has established itself as a solution provider of soldering materials, anodes, and specialty wires, supplying customers primarily in the electronics and automotive industries as well as other sectors. The group most recently generated annual revenue of over 34 million euros. With the successful implementation of the investor solution, the company now looks to the future with renewed strength.
Insolvency Administration
GÖRG Rechtsanwälte / Insolvenzverwalter GbR
Dr. Jan Janßen (Partner, Insolvency Administration, Cologne)
Christian Schulze (Associate Partner, Insolvency Administration, Cologne)
Advisors to the Balver Zinn Group / Insolvency Administration
GÖRG Partnershaft von Rechtsanwälten mbB
Dr. Michael Schaumann (Partner, M&A/Insolvency Law, Cologne)
Claus Christopher Schiller (Partner, M&A/Corporate Law, Cologne)
Dr. Damian Tigges (Partner, Real Estate Law, Cologne)
Dr. Frank Wilke (Partner, Labor Law, Cologne)
Dr. Monique Pröpper (Senior Associate, M&A/Corporate Law, Cologne)
Stek Advokaten B.V. .
Kelly Visser-van der Vooren (Partner, Restructuring, Amsterdam)
Dawid Sztandera (Counsel, Restructuring, Amsterdam)
M&A Advisory:
GO & Company
Daniel Grube
Frederik Olms
Christoph Bosbach
Maxim End
Business Consulting / Cash Flow Planning:
PSM Management
Christian Plückebaum
Exper Consult
Jürgen Keil
Oliver Signer
