

Case Study
Restructuring at an international plastics manufacturer
At international plastics manufacturer
Atreus Interim Manager improves product quality and delivery reliability and eliminates inefficiencies in the organisation.
Company Details
- Company with currently approx. 130 permanent employees and a turnover of approx. €25m
- Approx. 90% of the turnover in the automotive sector
- High competence in the field of silicone processing; own tool
Situation and Challenge
- Negative annual result of €3.7m on €31m sales
- Insufficient planning accuracy; significant deviations from budget
- Very critical assessment by key customers due to negative performance
- Significant drop in sales (up to 60%) due to the Covid crisis
Objective and Task
- Rapid restructuring and reduction of personnel and quality costs
- Accompaniment of the sales process
- Creation of transparency and restoration of trust of the owner family
Measures and Procedures
- Halving of the number of members of the management
- Assumption of operational responsibility as CEO and production manager parallel to CRO activity
- Improvement of product quality
- Reduction of indirect employees and consequent elimination of inefficiencies
Results and Achievements
- Generation of positive EBITDA irrespective of the Covid crisis
- Credible restructuring of the company and successful sale
- Improvement of product quality
- Significant increase in productivity and improvement in delivery reliability
These articles might also interest you:
Case Study
Restructuring of a pharmaceutical contract manufacturer in Italy
The Atreus Manager achieved a debt reduction of 50 percent, increased sales by 25 million euros through renegotiations with the client and was taken on in a permanent position after six months.
Case Study
Turnaround at a Mechanical Engineering Company
The objective for the turnaround was to streamline the legal structure and reduce complexity in the organization and achieve an EBT greater than 6.5 percent. The Atreus Manager was able to merge production plants, reduce management levels and achieve an EBT of 8.5 percent.
Case Study
Restructuring at a Builder of Luxury Yachts
An Atreus expert in restructuring at a luxury yacht manufacturer increases performance and production capacity by more than 30% and significantly reduces production hours per model. The company established a daily exchange between development and production and a tracking of the KPIs quality, hours …