Mayr-Melnhof Holz

The Client:
The Mayr-Melnhof Holz Group is one of the leading European groups in the wood processing industry (sawn timber and processing) with plants in Austria, Germany, the Czech Republic and Russia. With 1,700 employees, the group generates a turnover of around € 600 million.

The Project (Rent-a-CFO):
The economic downturn combined with rising raw material prices and leveraged growth made it necessary to restructure the Group. Management Factory started immediately after the restructuring agreement was concluded and was instrumental in implementing and expanding the restructuring programme. The results of the implementation work have well exceeded expectations in terms of earnings and liquidity. This engagement lasted from 2013 to 2017.

Highlights:

  • A strong basis of trust was soon established with the main financing partners
  • The return to profitability was achieved within a year
  • The given employee of Management Factory was elected “Interim Manager of the Year” in 2018.
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