Operational improvement.
Reorganize and focus on efficiency.
SLIM Aluminum is a multi-faceted manufacturer of rolled aluminum products. Together with its management team, we carried out a successful carve-out and returned the company to sustainable profitability.
Cisterna, Italy
451 employees
Acquisition in 2015
Alluminum rolled products
Seller: Norsk Hydro
Exit in 2023
Assessment.
Independent and versatile production plant covering a wide range of demand for rolled aluminum products in Europe
Operational improvement possible by rebuilding group structures and increasing efficiency
Need for diversification of customer and product portfolio
Potential to increase capacity utilization and improve efficiency
Rebuilt organizational structure as a result of carve-out and transformed into independent company
Recruited an experienced CEO and sales director
Implemented continuous operational improvements and efficiencies in the foundry and rolling mill
Acquired another production plant in Merseburg, Germany, in May 2018
Realized significant material cost savings through increased use of recycled aluminum
Focus.
Operational improvement
Repositioning
Cost optimization
Growth
Achievement.
Increased efficiency and profitability.
Highlights from a targeted development strategy include:
Increased EBITDA margin from (9.2)% to 5.8%
Significantly reduced material cost ratio by increasing internal scrap metal usage
