Case Study: Global Decorating Inks Manufacturer - Company Turnaround
Delivered 100% sales growth and 20% cost reduction in company turnaround
Acquired by a Finnish Private Equity Fund the company was created from the merger of a German and a Swedish company with very different cultures and product foci. Post merger management was initially done badly and a small team of consultants, one as interim CEO, started addressing the multitude of issues facing the business. Restructured the sales activities resulting in 100% sales growth in a high potential market segment, increased product margins by 14% without losing sales and reduced fixed costs by 20%. The company was saved from bankruptcy and ultimately sold to the largest competitor.
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