Approach
Establishment of a liquidity office and development of a restructuring and continued financing concept, stakeholder management (in particular employees, financiers and customers), option development, preparation and implementation of a protective shielding procedure, intensive sparring with the managing director
Result/conclusion
Achieving transparency in a difficult situation and deriving the possible options for action. Development of a restructuring approach using the possibilities offered by insolvency law within the framework of a protective shield procedure with the involvement and coordination of the relevant stakeholders. Implementation of a selective M&A process. Restructuring successfully transferred to a strategic investor while retaining all customers and successful reorientation for the future.