Operational improvement.
Sustainable increase in efficiency.
Barcelona Cartonboard is a cardboard manufacturer for the packaging industry. Together with its management team, we successfully implemented a sustainable increase in efficiency and returned the loss-making company to profitability following its acquisition.
Barcelona, Spain
230 employees
Acquisition in 2015
Cardboard
Seller: Stora Enso
Exit in 2018
Assessment.
An established paper mill with strong market share
Strategically advantageous location for cardboard production
Attractive market growth opportunity in the food industry
Targeted investments in the production facilities offer great potential for increasing profitability
Recognizable potential for strategic expansion of the product portfolio
Highly experienced management team
Established new sales organization and expanded sales territories
Implemented an extensive investment program to optimize production facilities and processes
Introduced the use of new raw materials
Developed and introduced new products
Increased customer/product profitability
Focus.
Operational improvement
Cost optimization
Repositioning
Growth
Achievement.
Return to sustainable profitability.
Highlights from a targeted development strategy include:
Increased EBITDA margin from (3.2)% to 4.6%
Successfully implemented an
EUR 18m investment program in production facilities and processes
