Case study Crisis Management

CASE STUDY: 9-month Interim President mission to sell a struggling subsidiary under legal receivership process. The company, with revenue of €40 million and 300 employees, belonged to a Private Equity fund

MISSION: Interim President for an electronics component manufacturer

— Preparation of the first marketing plan to drive R&D

— Reduction of local fixed costs and of assembly costs outsourced to South East Asian subcontractors

— Social plan negotiation

— Exit under receivership

RESULT: Sale of the company to 2 buyers one in France and one in Hong Kong. 300 jobs saved.