Turnaround of a Producer of Electronic Components, PE-Owned

Client Situation:

The company had an EBIT margin of -15% and was a turnaround case.

Our Approach:

  1. Reorganisation of the company, including a personnel reduction of 35%.
  2. Introduction of working capital management.
  3. introduction of an ERP system.
  4. Optimisation of production processes using Total Quality Management.
  5. International sourcing.
  6. Relocation of major parts of the production to Tunisia and China
  7. Sales excellence project
  8. As a result, the company was ranked as the best-managed company of the private equity firm. It reached a cash-flow break-even after five months.