Our client is an industrial carve-out to a private equity firm and a manufacturer of puree flakes with a turnover of €80M.
Business Challenge
The new shareholder, a company held by a private equity firm, expected an independent expertise to assess a new CAPEX project before the launch phase in a very short period. The business case had to be reviewed in a context of high price volatility and uncertainty regarding volume growth. There were strong expectations for the new CAPEX, specifically the implementation of a new production line to support volume growth, with a focus on meeting sustainability requirements and regulatory constraints.
Approach
EFESO supported in:
- Existing CAPEX quick assessment
- CAPEX project due diligence on seven main topics:
- Business plan
- CAPEX plan and capacity
- Technical specification
- Equipment procurement process
- Regulatory compliance
- Project management
- Legal
- We performed the project effectively based on:
- Site visit (100% of the existing production line)
- Interview with shareholders and stakeholders
- Methodology best practices
- Weekly meetings with project management team
Main Results
- Extended review of the CAPEX project
- Risk mitigation, based on a detailed project assessment
- Business plan review and update
- Technical detailed specifications update
- Legal assessment & recommendations
- Project structure definition & PMO toolkit
- Successful tender process
