Linz Plant Saved
Chemical Company Finds Buyer After Massive Bankruptcy
Five of the company’s managers are taking over the Linz-based specialty chemicals firm Esim; the ink on the purchase agreement is already dry. The facility and 145 of the nearly 300 jobs will be preserved.
Kronen Zeitung als bevorzugte Google-Quelle hinzufügen In October 2025, the Linz-based chemical company Esim—which produces products such as crop protection agents—filed for bankruptcy. Its debt was enormous, totaling 118 million euros, according to a report in the “Krone.”
Since then, insolvency administrator Thomas Zeitler has been searching for a rescuer to save the facility and jobs. Now he has found one within the company’s own ranks: Five of the company’s managers are buying the core business and will continue to operate it under a newly founded company (Esim Speciality Chemicals GmbH). In addition, investor Elmar Zagler is contributing capital. The five former managers (Franz Anders, Rudolf Huber, Agnieszka Kaleta, Sebastian Leitner, and Christoph Riedl) will serve as managing partners going forward.
Official Handover in the Fall
The purchase agreement was signed on Friday; no details regarding the purchase price have been disclosed. The official handover of the company to the new Esim is scheduled for the fall—by then, any outstanding regulatory issues are expected to have been resolved. “Together, we are taking on responsibility for an Austrian industrial site with outstanding technical expertise, experienced employees, and long-standing customer relationships,” the new owners stated in a comment to the “Krone.”
Despite the rescue takeover, about half of the employees will lose their jobs as a result of the bankruptcy. This is because parts of the operation were closed as part of the restructuring. Before the bankruptcy, Esim employed about 290 people; in the future, there will be only 145 at the site in the Linz Chemical Park.
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