TURNAROUND CASES
TURNAROUND #1
Definition and implementation of post-takeover operations for an industrial group facing financial distresse.
Context
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Perimeter: 15 industrial sites
Sales: €53m
Sector: metal industry
Analysis: the takeover by the group implies a restart of the activity as soon as possible to avoid any blockage of sites or process
Length of the mission: 3 months
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Results
Coordination of the accounting team, preparation and follow-up of cut-off's operations with the legal proceeding
Implementation of factoring and invoicement process
Information System reset
Takeover of staff and commercial court commitment monitoring
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Resources
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1 Managing Director - HR (50 % of his time)
1 Managing Director - Finance (50% of his time)
1 Senior Consultant (100% of his time)
TURNAROUND #2
Ensure the delegated management of an industrial site with a view to implementing a turnaround plan
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Context
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Perimeter: 1 industrial site
Sector: industrials
Sales: n.d
Stakes: rapid decrease of the company's results over the last two years, loss of productivity, production delays, strained labour relations
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Results
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Implementation of a delegated site management by Albus Partners in order to ensure managerial authority and skills in all areas (industrial, social, economic)
Implementation of the turnaround plan
Securing the achievement of expected results and their impact on EBITDA
Reporting of turnaround actions (progress, results, resources mobilized, difficulties, corrective measures)
Communication to employees and all third parties (employees, unions, legal regulatory authorities)
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Resources
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1 Managing Director (20% of his time)
1 Managing Director (80% of his time)