Chemicals and Pharmaceuticals

Selected Case Study

Pharmaceutical Company (turnover 85m EUR, around 700 employees)

Drafting a restructuring Report according to the S6 Standard of the "Institut der Wirtschaftsprüfer in Deutschland e.V." (IDW)
Placement of an interim Chief Executive Officer
Drafting of an action plan for reducing personnel and material costs with an effect of 6,500k EUR
Negotiations with the financing partners to ensure the financing of the company
Restoration of the delivery capacity
Securing of liquidity through clearly directed working capital management (reduction of stock levels by about 55%)
Restructuring of the company's organization, structure, and workflows

Aversion of the impending insolvency and restoration of the company's competitiveness