EMCO

The Client: 
Based in Hallein near Salzburg, EMCO-Group became one of Europe´s leading producer of high quality machine tools with production plants in Austria, Germany and Italy. Currently the group employs about 630 employees and generates an annual revenue around 160 Mio. EUR. Until December 2011, EMCO was part of the insolvent A-TEC-Group und was akquired by Kuhn-Holding-GmbH as part of the divesture oft he group. EMCO managed to increase ist international market share and operated profitably over the last years. 

The Project
 (Rent-a-CRO): 
From May 2012 to September 2013 Management Factory acted as CFO on the Board of EMCO Maier GmbH. The tasks included managing the daily business, controlling of the subsidiaries and the merging process with KUHN-group. Apart from the finance department, Management Factory was responsible for HR and IT. 

Highlights: 

  • Enrichment of group reporting
  • Negotion and finalization of group finanzing
  • Draft the group closing according to IFRS for EMCO Maier GmbH
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