CAMIF
Challenge :
Transition the subsidiaries to operational independence in preparation for an anticipated insolvency filing.
Revenue:
360 M€
Employees:
800 employees
Sector:
Mail-order sales
Team assigned:
1 Managing Director (80% allocation) and 1 Consultant (100% allocation).
Timeline:
10 months
Results
Transition of the three subsidiaries to operational independence and securing their financing as part of the preparation for insolvency proceedings.
Albus Partners' Approach
Conducting a viability assessment of the multichannel business model,
Development of the insolvency filing plan and cash flow projections for the subsidiaries,
Definition of the subsidiaries’ IT independence plan,
Support to the Court-Appointed Administrator in managing the proceedings.
Albus Partners’ Differentiators
Experience in turnaround situations and insolvency proceedings,
Support to executives and stakeholders during critical phases.
