Situation at the outset
Hochwald was pursuing an ambitious growth strategy in a declining market characterized by considerable pressure on prices. The company’s complex product range and production problems had made this situation more difficult still. As a consequence, the company had run up high debts and had little liquidity.
Working together with Hochwald, FTI-Andersch developed a long-term concept for the company’s future and recommended optimization measures for its production and sales units. This in turn facilitated active communication with investors and agreements on sustainable financial restructuring measures.
Thanks to FTI-Andersch’s monitoring of the restructuring process over a number of years, regular reporting to investors, and to annual plausibility checks of the company’s business planning, Hochwald was enabled to enter into solid refinancing agreements with new finance partners.
FTI-Andersch has convinced us with its dedicated commitment and excellent professional advice. With the help of FTI-Andersch, we have succeeded in sustainably securing the values created by our family.
Günter SchuppFormer CEO, Hochwald Sprudel-Gruppe, Beverage producer