PIERBURG PUMP TECHNOLOGY

Year:
2010 – 2012

Type of intervention:
Reindustrialization

The company: Pierburg Pump Technology belongs today to the German group Rheinmetall Automotive, with its headquarters based in Neckarsulm (D), global leader in the production of collectors and other automotive components. The Group boasts an income of over 2,5 billion Euro and 40 productive units around the world.

Why
we
intervened

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Due to a re-shaping process of the productive set up, it was necessary to cease the activities in the plant of Lanciano (Chieti) and to find an industrial continuity solution for the productive complex and its 180 employees involved.

How
we
intervened

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-Feasibility analysis and reindustrialization project;

-National and international research of potential incoming entrepreneurs;

-Assistance in the design of the operation and in the definition of the related structure;

-Assistance in the due diligence activities;

-Assistance in the negotiations with the various counterparts involved.

The outcome

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We identified some entrepreneurs interested in the taking over, but the strong union resistance prevented the positive outcome of the operation. We therefore supported the company in an alternative process of internal reorganization which successfully concluded in a short time.