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Bought Assets from company Quast Praezisionstechnik GmbH

at 8th of January 2021

Company Quast Praezisionstechnik GmbH, emerged from company Heinrich Quast Sonderdrehteile GmbH, which was established in 1985, was delivering continuously, since 35 years, complex products for customers in:

Aerospace Industry:

Jigs & Tools and Ground Support Equipment (GSE) for Airbus and its Tier 1 Suppliers, Lufthansa …

Flying Structural and Cabin Interior Parts and Assemblies to Diehl Aerospace, Lufthansa, Airbus Tier 1 Suppliers…

Automotive Industry:

Control Gauges for Tier 1 Suppliers of Automotive OEM's: Mercedes-Benz Group, VW, BMW, Audi ...

Measurement Fixtures for Tier 1 Suppliers of Automotive OEM's: Mercedes-Benz Group, VW, BMW, Audi ...

Port Industry:

New Parts based on New Design for improved productivity or extended lifespan for HHLA, Eurogate …

Spare and wear/tear parts for HHLA, Eurogate …

Repair of subassemblies for HHLA, Eurogate …

Quast Praezisionstechnik GmbH Logo

Company Quast Praezisionstechnik GmbH headquarter was in Hein-Saß-Weg 21, D-21129 Hamburg, Germany only few kilometers from Airbus Hamburg Site.

During 2020, CORONA situation affected company Quast Praezisionstechnik GmbH, the number of contracts decreased, fixed costs were growing and was not possible any more to maintain the company profitable. During July 2020, after 35 years of continuous operation and over 50 employees, company Quast Praezisionstechnik GmbH started the bankruptcy proceedings with Hamburg District Court.

In the insolvency proceedings of company Quast Praezisionstechnik GmbH, no investor solution could be implemented. The operation of company Quast Praezisionstechnik GmbH was finally shut down on 31st of January 2021.

Company GURUCAD GERMANY GmbH delivered to company Quast Praezisionstechnik GmbH 43 work-packages consisting in Jigs & Tools Engineering Design & Stress according to Airbus Jigs & Tools Skeleton Method using CATIA V5, Q-Checker and Nastran-Patran. The Engineering Design & Stress Data was used by company Quast Praezisionstechnik GmbH to manufacture the Airbus Jigs & Tools and also this data was delivered to Airbus. Such Jigs & Tools Engineering Design & Stress Work-Packages were:

Hoisting Fittings for 13/14 and 16/18 Sections of Airbus A350XWB Aircrafts,

Crane Hoisting Fittings C72/73 and C90/91 Station 16 for Airbus A350XWB Aircrafts,

Crane Mounting Jig for SatCom-Antenna Installation,

Installation Device for SatCom-Antenna fittings,

Drilling Templates for X-Struts Section 13 Upper and Main-Deck of A380 Aircrafts,

Weight Balancer-Jig for Handheld Drilling Tools used to drill and rivet longitudinal joint P32 by HSD for A380 Aircrafts,

Positioning Tool to install all A-Brackets in Upper-Crown Area between C72-92 for A350XWB Aircrafts,

Transportation Safety Device for Trim Spindle for A350XWB Aircrafts,

Transport and Installation Device for Cargo Door of Section 13 for A380 Aircrafts,

Pre-Assembly Hoisting Tool for Upper Side-Shell of A380 Aircrafts,

Drilling Helping Hand-Tools for MCA Cycle 2 for A380 Aircrafts,

Reducing Sleeves 10.4 to 8H7 for Measuring Sensors for A380 Aircrafts,

Adapters for Seat Rails Installation in Section 13 and 18 Upper and Main-Deck for A380 Aircrafts,

Positioning Jig for Buttstrap for A350XWB Aircrafts,

Hoisting Fittings for 16 and 17 Sections of Airbus Long-Range Aircrafts,

Dummy Windows for A380 Aircrafts,

Adjustment Gauge for Hatrack height set-up for A380 Aircrafts,

Fixture for positioning for brackets at Cargo Door of A400M Aircrafts,

Drilling Templates for Equipment Holders Sub-Structure for A380 Aircrafts,

Drilling device for tie rod couplings in Cargo Bay Area of A350XWB Aircrafts,

Drilling Device for drilling difficult to reach structural parts for Section 13 C31 Upper Deck for A380 Aircrafts,

Drilling Templates for drilling longitudinal joint of P6 LH and RH for A380 Aircrafts,

Escape Slide Counterweights Device for Passenger Doors of A380 Aircrafts,

Drilling Template D5.3 holes on Cross-Beams of A380 Aircrafts,

Drilling Template C41 Stub Top Flange RH-LH for A380 Aircrafts,

Drilling Template C41 Stub Bottom Chord RH-LH for A380 Aircrafts,

Drilling Template for the lower flange of Cross-Beams in Upper-Deck for A380 Aircrafts,

Holder for Laser-Reflector for A380 Aircrafts,

Clamps for Electrical Tests for A380 Aircrafts,

Drilling Templates and Counter-Holders for Crackstoppers of Section 17 for Single Aisle Aircrafts

...

In October 2020, company GURUCAD GERMANY GmbH started discussions with company Quast Praezisionstechnik GmbH bankruptcy attorney and signed an Asset Deal contract at 8th of January 2021 through which company GURUCAD GERMANY GmbH bought all intangible assets, all electronical and paper documents and all IT Infrastructure of company Quast Praezisionstechnik GmbH. These assets were transferred to the company GURUCAD GERMANY GmbH on 1st of February 2021.

In detail, following assets were bought by company GURUCAD GERMANY GmbH on 8th of January 2021:

§ 1 Intangible assets

All intangible assets: the company as intangible asset, all company documents and concepts, rights, trademark rights, industrial property rights, patents, inventions, know-how and innovations of every kind and form, manufacturing documents and engineering drawings of over 38800 unique aviation, automotive, port and industrial products, certification documentation in particular for Quality Management Systems EN 9100:2018 and DIN EN ISO 9001:2015, Welding Quality Management Systems DIN EN ISO 3834-2:2006 and EN 1090-2 EXC3, Environmental Management System, web pages (www.quast-technik.de ...), internet domain name (quast-technik.de ...), software products and license rights ... have been sold and transferred to company GURUCAD GERMANY GmbH.

All business books, supplier lists, price lists, accounting and administrative documents, advertising and marketing documents as well as other documents, user data, information and materials related to the economic goods / assets mentioned above were also sold and transferred to the company GURUCAD GERMANY GmbH. The complete archive documents in electronic and paper form were also sold and transferred to the company GURUCAD GERMANY GmbH.

§ 2 Operating equipment, office equipment and technical systems

From the operating equipment, the office equipment and the technical systems, the complete IT Infrastructure including server systems with data backup server, data backup tape system, data backup copies, all IT systems (PC, printers, VPN firewall, routers and switches, telephone systems ...) with all electronic information from these IT Systems including all company electronic data, ERP-System, customers / suppliers data-base, productions manuals / procedures / instructions, past contracts and drawings / 3D-Models / 2D-Drawings, certification documentation and all information about all products (single parts and assemblies), that company Quast Praezisionstechnik GmbH delivered in the past to its customers, were sold and transferred to the company GURUCAD GERMANY GmbH.

Company GURUCAD GERMANY GmbH is able to:

manufacture and deliver all products (single parts and assemblies) that company Quast Praezisionstechnik GmbH delivered in the past to all of its customers,

modify, from engineering and/or manufacturing point of view, all these products and adapt them to new customer’s requirements,

create new products, from engineering and/or manufacturing point of view, based on all previous products from company Quast Praezisionstechnik GmbH to meet new customer’s requirements

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