Restructuring for the automotive supply industry & medium-sized companies close to the vehicle sector
The automotive industry is undergoing profound change: technological, geopolitical and economic. What began as a gradual transformation has become a financial stress test for many medium-sized suppliers and vehicle-related service providers.
Falling sales expectations, a halt to investment, credit restrictions and political uncertainty are putting the automotive supply industry under growing pressure. Particularly affected are component manufacturers, system suppliers, vehicle builders, and logistics and service companies in the medium-sized segment. Declining orders meet high fixed costs, global competition and limited scope for financing.
The Worstbrock-Group supports companies in the automotive supply industry, in particular medium-sized businesses, with operational stabilisation, in restructuring proceedings and in strategic realignment. Our aim: to secure liquidity, restore viable structures and regain the capacity to invest.
Immediate assistance and crisis management
- Assessment of liquidity, order situation and fixed-cost structure
- Immediate measures to relieve pressure in procurement, personnel and production
- Negotiations with banks, OEMs, lessors and creditors
- Support with insolvency filings or Schutzschirmverfahren (protective shield proceedings under German insolvency law)
Restructuring & Eigenverwaltung
- Restructuring concept in accordance with IDW S 6 (the German standard for restructuring concepts issued by the Institute of Public Auditors) to secure the continuation of the business and for creditor communication
- Eigenverwaltung proceedings (debtor-in-possession management under Sections 270 et seq. of the German Insolvency Code) under the ESUG, the German act facilitating the restructuring of companies, with operational support
- Re-assessment and safeguarding of location and investment decisions
- Capacity adjustments, outsourcing, relocation of parts of the business
Strategic realignment
- Restructuring under the StaRUG (the German Act on the Stabilisation and Restructuring Framework for Businesses) to reduce debt in a credit crunch
- Advice on focusing on product groups and markets with a future
- Support with M&A, succession, cooperation or shareholding models
- Optimisation of reporting, planning and internal management control
We know the dynamics of the automotive supply industry: dependence on manufacturers, vertical integration, investment pressure and uncertainty over locations. With experience, structure and the ability to implement, we create prospects for companies that are under pressure today but will be needed tomorrow.
Make use of your room for manoeuvre before investors, OEMs or lenders present you with a fait accompli.
We develop an economically viable path, with a clear focus on preservation, stabilisation and securing the future.
