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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