Key Facts

Business ModelProducer of TAED, an organic chemical compound used as a bleach activator in laundry detergents
IndustryChemicals
Turnoverca. 40 million euros p/a
Staff complement50
Acquisition dateDecember 2010
Investor advised by DUBAGDeutsche Unternehmens Beteiligungen AG
ExitJuly 2012

Operational Details

Initial and/or special situation
  • Non-core business of Henkel, the former shareholder and seller
  • Complex and intransparent structures
  • Single customer relationship between IDC and Henkel
  • Unfortunate arrangements for the operations on a site shared with neighboring chemical company
Turnaround results
  1. Built-up of stand-alone structures and functions which did not exist at acquisition
  2. Creation of new corporate identity
  3. Renegotiation of the shared service agreement with neighboring chemical company
  4. Significant reduction of cost base
  5. New markets and new customers gained

Further Case Studies