LIKUM is a leading manufacturer of innovative and diversified technical high-precision parts and luminous hands.
In March 2020, the former A. Maier Prazisions GmbH was taken over as part of an insolvency plan. A. Maier Präzisions GmbH was subsequently renamed Likum GmbH. Likum GmbH based in St. Georgen (Black Forest) is a leading supplier of technical high-precision parts (plastic and plastic-metal connections) and luminous hands.
In addition to the most important end market - the automotive sector - the company's products are used in numerous industrial sectors, e.g., measuring devices, telecommunications, medical technology, electronics etc.
Likum has a broad customer portfolio in various industries and is considered an important single source supplier for >90% of customers. With its flexible manufacturing processes, Likum is able to react quickly and easily to customer requirements (small and large lot sizes).
As part of the self-administered insolvency proceedings that took place in 2019, the company was successfully restructured and, despite Corona, is able to record increasing sales again.
In April 2022, Accursia took over the Italian unit Flextroncis srl from the international group Flex ltd as part of its buy & build strategy. The company was renamed Likum srl and incorporated into the Accursia Group as an affiliate of Likum GmbH in the Black Forest. Likum srl is based in the northern Italian industrial hotspot of Trevisio and is therefore in the immediate vicinity of its blue-chip customers. The company offers a wide range of injection molding solutions and highly developed injection molding tools for customers in the automotive, medical and industrial/consumer electronics sectors. For the automotive industry, LIKUM srl mainly produces lighting solutions, for medical and industrial solutions the focus is on housings for injection pens, device housings for coffee machines and ship radar systems.
The company was integrated into the group structures of the seller, so that extensive carve-out measures were necessary in order to form an independent company from the business unit. The carve-out included setting up a new financing structure, rebranding and the implementation of a new IT infrastructure.
In order to be able to leverage further synergy potential, a uniform strategy is being developed between the two units with the aim of strengthening the competitiveness and improving the profitability of the group.
St. Georgen, Germany
2020 / 2022 (IT)
EUR 10m / 17,3m (IT)
130 / 149 (IT)
Injection moulding products for the automotive industry
Customers - renegotiation of customer contracts.
Strategy - creating synergies and convergence through buy&build within the value chain.
Location - consolidation of production sites.
Financing - establishment of a new financing structure.
Human resources - adjustment of employment levels.