Key Facts

Business ModelDesign, production and distribution of decorative furniture fittings (handles, skirting, knobs)
IndustryFurniture industry
Turnoverca. 24 million euros p/a
Staff complement130
Acquisition dateDecember 2015
Fund advised by DUBAGLenbach Equity Opportunities I. SCSp

Operational Details

Initial and/or special situation
  • Underperforming asset (private equity owner, fund was already closed)
  • Declining sales and earnings due to capacity underutilisation
  • High levels of inefficiency due to diverse production and logistics locations
  • Lack of adaptation to changing market conditions
Turnaround results
  1. New sales strategy with customer oriented approach
  2. Significant reduction of costs by focusing on core locations
  3. Restoring competitiveness

Further Case Studies