GlobalAutoIndustry.com has released its latest audio interview, “M&A in Germany: Distressed Companies and German Insolvency Laws,” featuring Phil Hertzog, managing director of Germany-based Restructuring Alliance GmbH. Find the episode here: https://globalautoindustry.com/ma-in-germany-distressed-companies-and-german-insolvency-laws/
Hertzog has a background of over 40 years as a manufacturing systems innovator and supplier to the automotive industry. His company, Restructuring Alliance, focuses on the acquisition and reorganization of distressed German and European automotive suppliers and other firms in manufacturing through consulting with buyers, joint ventures and acquisition participation through their Limited Partnership Investment Fund. He maintains a legal residence in Germany and the U.S.
In the 16-minute audio interview, Hertzog discusses the following:
- You are offering your clients the opportunity of significant value creation through investment in distressed companies in Germany. Value creation and distressed companies are not usually associated with one another, so please explain how you are achieving that.
- You are acquiring a company that you can configure yourself to your liking and buy it at a significant lowered purchase price, but is that company still functioning then since it is in distress?
- All the measures you describe appear to be very effective in stabilizing a company in a distressed situation, but how does that lead to a sale of the company?
- You have established that distressed companies in Germany remain operationally functioning, their assets can be acquired at discounts and that their employees can be re-hired. How does all of that constitute the opportunity for value creation?
- Can you provide an example?
Click here to listen to the audio interview:
