Case Study 1:

This UK-quoted international plc faced major pressure on its share price due to declining profitability of its UK operations and was threatened by a hostile takeover bid. A small team was assembled to lead a dramatic turnaround. Fixed cost and discetionary spending reduced by >30%. Monthly operating profit increased by 150%. Major manufacturing and back-office rationalisation carried out in highly unionised environment. Redesigned and implemented most key business processes. Involved employees in creating sustainable savings. Generated top line growth and improved customer service.

Case Study 2:

Rhodia asked for help in preparing a major European division for sale and to maximise exit value.

Team prepared offering memorandum and lead vendor due dilligence and sale negotiations. Operating costs kept under tight control. Operating profit increased to exceed budget by 40%. Workforce morale maintained during divestment period, with key staff being retained. Business sold above target price at high multiple.

Case Study 3:

Huntsman formed a new global division following the acquisition of Rhodia European business, and then appointed business leaders with the mandate to create a global business and boost profitability. Major cost reduction and operational rationalisation implemented in North America and Australia. North American EBITDA transformed from ($0.4m) to in excess of $6m per month. Creation of global marketing and technology teams. Global strategic plan developed and implemented. Within 9 months, global EBITDA had doubled and free cash flow increased by 40%.