
Consolidation and Restructuring of a Corporate Group in International Mechanical and Plant Engineering
in the role as CEO of the corporate group
Company:
Mall + Herlan GmbH
Industry:
Mechanical and plant engineering, packaging systems for the production of metallic packaging solutions
Turnover:
Approx. €100 million
Number of employees:
250
Situation at the client’s:
- Persistent weakness in earnings after strong sales growth and a buy & build M&A strategy
- Problematic plants in the market
- Inadequate processes and commercial transparency
Company headquarters:
Baden-Württemberg, Karlsruhe
Internet:
www.wifag-polytype.com
FRAMEWORK PARAMETERS
Role: CEO of the corporate group
Period (duration):
- 07/2014 to 03/2018 (44 months)
Area of responsibility:
- International corporate group with 5 locations
- Corporate development, strategy and turnaround
ORDER
- Development and implementation of a consolidation strategy for locations, products, organization, innovations and market approach
- Reporting to the stakeholders Supervisory Board, banks and foundation
- Elimination of corporate risks: debt reduction, avoidance of insolvency, prevention of claims and completion of problematic orders
- Transformation of the corporate group into a system provider
- Increasing efficiency along the value chains
MEASURES
- Location and product concentration, technology transfer, site closures (Switzerland, Italy and Germany), staff reduction and process optimizations, organizational development, quality assurance and synergy creation within the parent company
- Digitization of corporate processes and standardization of IT systems (ERP, CAD), centralization of sales, business development project management, purchasing and finance
- Establishment and management of a PMO for increasing efficiency, process and method optimization, digitization of business processes and organizational development and creation of commercial transparency
SUCCESSES
- Sustainable transformation and consolidation of the company and turnaround from 2016
- Elimination of corporate risks
- Increase in sales, highest machine and service sales
- Winning new customers in India and the Middle East
- Market launch of innovative products and processes
- Change to a system provider including mindset change
- Reduction in delivery times for machines and systems
SPECIAL CHALLENGE
- Controlling all transformation tasks and finding synergies within the parent company
- Avoiding insolvency
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