The preliminary insolvency administrator Thomas Rittmeister and the auditing firm PwC have initiated an investor process for Helrom GmbH. The aim is to find a new owner who will further develop the company in the long term and continue its operational business activities. The process is being overseen by PwC and is expected to be completed by October 2025, according to the press release dated August 7, 2025.
Insolvency Proceedings and Company Profile
The District Court of Frankfurt am Main opened preliminary insolvency proceedings over
Helrom GmbH's assets on July 14, 2025. Thomas Rittmeister was appointed as the preliminary insolvency administrator. Helrom is a provider in the intermodal rail freight sector, aiming to make it possible to load non-craneable truck trailers directly onto the rail without terminal infrastructure. The company employs around 250 people and operates a growing network with five connections in four countries, including the Brenner Pass and an exclusive link for Audi AG.
Business Operations Largely Unaffected
According to the company, the insolvency is due to a
short-term funding gap that could not be closed. The ongoing operations are mostly unaffected, with only a recently started connection being paused. All established connections continue without restrictions.
The investor process aims to find a strategic partner or financial investor who will leverage the company's potential in the long run. Thomas Rittmeister emphasizes:
“Helrom GmbH has a solid operational foundation and a viable business model. The investor process is intended to ensure that business operations are maintained and a sustainable solution for the future is
found.”
Statements from Management
Roman Noack, CEO of Helrom GmbH, states:
“We are at the beginning of a restructuring phase, not at the end of our journey. Our goal is clear: we focus on our strengths, ensure our performance for our customers, and future-proof our business model. This phase requires tough decisions but also a clear direction—and that is precisely what we are now providing.”
In the coming weeks, PwC will hold discussions with potential investors as part of the M&A process and will address
