As part of preliminary insolvency proceedings, intermodal wagon specialist Helrom has initiated a structured investor process aimed at securing a new owner “capable of unlocking the company’s long-term potential”.
The process, mandated by the creditors’ committee, will be led by consultancy firm PwC, with results expected by October 2025.
Helrom filed for preliminary insolvency in mid-July, citing “a short-term financing gap that could not be closed in time” as the cause. Operations have remained largely unaffected, with only one service temporarily suspended. “We are at the beginning of a restructuring phase – not at the end of our journey,” said CEO Roman Noack.
The Frankfurt-based company, founded in 2018, operates services between Austria, Hungary and Italy using specialised wagons designed to transport non-cranable semi-trailers. The preliminary proceedings were opened by the Local Court of Frankfurt and are being overseen by insolvency administrator Thomas Rittmeister, who stated: “Helrom GmbH has a solid operational foundation and a forward-looking business model,” suggesting cautious optimism about the company’s prospects.