Ne restez pas seuls face à la crise
The company faces major difficulties and immediate actions have to be decided and implemented.
Results are falling down dramatically.
The situation is so serious, it needs immediate actions in order to win some time.
D&I will immediately act, directly or indirectly, eventually by mobilizing relevant specialists (conciliators, lawyers specialised in destressed businesses, accounting audit firms, etc.).
D&I will then assist or even manage the company, eventually endorsing the social responsibility, during the full critical period (negotiations with banks, operational steering of the turnaround, etc.).
Priorities are clear and are the following :
Once the initial emergency measures have been implemented, D&I will complete a full audit, draft and put together the appropriate action plan. The latter intends to reduce significantly the break-even point without sacrifying any futur potential development. Then, regardless of the operating mode (support to the director or direct control), D&I generally takes over operational responsibility of the business and leads the turnaround in all aspects until success.
Major markets margins have structurally declined without any hope of recovery in medium term. The level of indebtedness is huge and cash position is critical. The only solution is to find a new industrial investor. This would create synergies so to improve the situation. Many options are possible but the company must stay afloat during the needed period.
The aim is to keep the company in bonis. A public class action would have a devastating impact on the value of the company’s business and on the working capital because of unavoidable effects on customers and suppliers.
While taking care of daily emergencies to keep the company alive, D&I concomitantly completes a full audit and builds an exit plan. By doing so, D&I often manages operations directly and all through the period of time required to find a new investor and the associated due diligence days or weeks, including if necessary the transition phase with the new investor.
Major lines of work
This subsidiary would face hug difficulties if its mother company was not supporting it. The current situation is far from being sustainable.
D&I establishes a detailed audit of the situation, draws the turnaround plan and identifies conditions of success.
D&I then assists the director in the implementation of the action plan, its operational development, the social negotiations, and even conducts directly its implementation in the absence of the director, until a suitable way out of the current crisis is found.
The turnaround plan is based on the following main points
This plan aimed at create a new momentum and to re-energize the whole business.