Assignment 27. 2012-2014
F. P. GmbH & Co. KG, Gelsenkirchen / Commodities
CEO / CRO
The company had accumulated losses of about 30 million € within the last 5 years at a turnover of 90 million €; own capital was exhausted.
Going Concern and sale of the companyImplementation
Turnaround: In 2013 the company already became profitable again, although investments could only be made from cash flow.
M&A: The company was sold reporting date 01.01.2014 at a high positive cash income for the shareholders.