Key Facts
| Business Model | Plastics industry |
| Industry | Leading supplier of extruded plastic sheets with eight factories in Europe |
| Turnover | ca. 184 million euros p/a |
| Staff complement | 610 |
| Acquisition date | January 2014 |
| Fund advised by DUBAG | Lenbach Equity Opportunities I. SCSp |
Operational Details
Initial and/or special situation
- Underperforming asset, high operating losses in all plants
- Cost-intensive management structure of the holding
- Lack of restructuring experience
- Focus on utilization of existing capacities instead of focus on margin
- Low level of cooperation between the individual plants
Turnaround results
- Reverse the loss situation in all plants
- Significant reduction of overhead costs
- Focus on high-margin and high-yield products and reduction of pure commodities
- Development of a new sales approach based on Competence Centers individual target industries
