MBO Management buy-out: Reorganization after insolvency of an engineering company
in the roles of Commercial Manager and Head of Project Management
Company:
ALS International
Sector:
Logistics systems
Turnover figure:
EUR 15 million
Number of employees:
40
Situation at the client:
Insolvency
Company headquarters:
Wiesbaden
Role:
Commercial Manager and Head of Project Management
Period (duration):
01.09.2007 – 31.12.2009 (27 months)
Area of responsibility:
40 employees
- Leading the management buy-out process
- Securing the company’s financing and liquidity
- Negotiations with co-investors
- Continuation of the orders taken over
- Introduction of liquidity management
- Receipt of 2 new orders 9 months after restart
- Personnel development
- Securing liquidity until the Lehman bankruptcy
- Banks
- Restoring trust with existing customers
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