Design & supply of plant for oils & Fats and oleo chemicals.

Design & supply of plant for oils & Fats and oleo chemicals

Situation faced:

Company owned by a PE Funds and Management under an LBO structure. Due to 2008 / 2009 crisis investment in this market decreased drastically. Refinancing and renegotiation of the debt was necessary.

Outcome achieved:

Complete review of the cost structure, change in the Management and executive reorganization. This has enabled the Group to renew with good profit (from 0 to 7%) and positive cash flow (+ 50 M€).

Duration: 2 years

End date: October 2011

 

Glass maker for high premium bottles of wine & spirits

Glass maker for high premium bottles of wine & spirits

Situation faced:

Company owned by two PE Funds and Management under an LBO structure. Needs to improve productivity and competitiveness in preparation for a secondary LBO.

Outcome achieved:

Optimisation of the financial and operational organisation of the Group and implemented new cost control processes. Despite the 2008 / 2009 crisis the level of profitability was maintained and covenants were achieved.

Duration: 14 months

End date: September 2009

Multi-technical services - Electrical and HVAC

Multi-technical services - Electrical and HVAC

Situation faced:

Desired change of shareholder. From an UK Engineering company to a Private Equity funds.

Outcome achieved:

Successfully managed to be acquired by the desired Private Equity funds at a satisfactory price for the previous shareholder (2x in 3 years) without endangering the future LBO. In the year following the acquisition, working capital has been improved by more than €100M

Duration: 2 years

End date: July 2007