Development and establishment of a central organisation out of six companies

Mandate:
Develop and establish a central and professionally acting commercial organisation from the structures of six independent companies.

Client:
Packaging industry, French group of companies, private equity portfolio company, with €290 million turnover

Measures:

Developed the future organisational and operational structure with regard to corporate results and liquidity
Implemented new structures in controlling, accounting, treasury, IT and purchasing
Developed a system for reporting to the group headquarters in Paris and to the shareholder, CVC Capital Partners
Further developed controlling into an efficient tool with a focus on increasing results
Developed a cash forecast and cash pooling system
Implemented SAP R/3
Implemented IFRS
Implemented factoring

Success:

As a result, personnel expenses in the commercial area fell by 40%.
As a result of the package of measures, net profits rose by 25%.
In addition, cash and cash equivalents increased by 30% as a result of these measures.

Contact:

Maik Rothe

Mühlenbergweg 9
40629 Düsseldorf
Deutschland