Reindustrialization in the electrical appliances sector
Year 2015, Reindustrialization
The company is the Italian subsidiary of a French multinational, which, with more than 25 billion Euro, is a world leader in the field of electrical appliances and energy services. In Italy, the company had a workforce of more than 2,000 people in several production units. The plant involved in our project was in central Italy, covered an area of 15,000 sqm and had a workforce of more than 180 employees.
Why we intervened

Due to the relocation and following reorganization of production assets on a European scale, it was necessary to cease operations at the above-mentioned plant. We were asked to identify an industrial player with compatible business, interested in developing its activities by taking over the asset and re-employing the people.

How we intervened

- Feasibility analysis and reindustrialization project;
- National and international search for potential taking over companies;
- Support to the design of the operation and to the definition of its structure;
- Support to due diligence activities;
- Support to negotiations with various counterparts involved.

The outcome

A consortium of several companies operating in the field of small metalwork and plant engineering presented an interesting takeover project and re-employed most of the staff. The result was achieved in about 18 months after the start of the operations.

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