Chemicals and Pharmaceuticals

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