Situation at the outset
Butlers was facing declining customer traffic in its branches and increasingly diversified competition, a situation that had recently been exacerbated by negative currency effects.
Working together with Butlers, FTI-Andersch developed a viable concept for the company’s restructuring. Key in this respect was a detailed examination of the optimization potential within the company’s operating and financing processes.
The areas of potential identified were capitalized on, significantly and sustainably increasing the company’s earnings and financial strength.
Our goal is to always deliver outstanding quality. We have developed ourselves from a traditional family business to one of the most successful home & living companies in Germany. FTI-Andersch shares our high-quality standards and helped us to realize our goals.
Wilhelm JostenFounder and CEO, Butlers, Retailer Home & Living