THYOR

Representative composite case study

Brownfield restructuring of an acquired production site

Industrial manufacturing · Private-capital-backed manufacturer · Site diagnostic, recovery programme and capital options

Composite disclosure

Representative composite based on recurring mandate patterns. Client identities, facts, timing and results are altered or combined for confidentiality and should not be read as a claim about one identifiable client.

Situation

An acquired facility was materially below its underwritten case

SectorIndustrial manufacturingClient contextPrivate-capital-backed manufacturerMandateSite diagnostic, recovery programme and capital options

A recently acquired production site had lower yield, higher labour cost and slower customer qualification than the acquisition model assumed. Additional capital requests were being considered without a reconciled recovery case.

Operational teams and the acquisition model used different baselines, making each variance discussion contentious. The first requirement was a common statement of actual throughput, yield, labour, customer timing and remaining cash needs.

Constraints

What shaped the work.

  • Customer commitments limited immediate footprint change.
  • Maintenance and quality issues competed for capital.
  • The fund and management used different performance baselines.

Work performed

How the mandate was approached.

  1. 01

    Rebuilt site and product economics.

  2. 02

    Separated temporary ramp issues from structural cost gaps.

  3. 03

    Modelled fix, consolidate and exit options.

  4. 04

    Installed a recovery and benefits cadence.

Deliverables

The working artefacts.

  • Site economics model
  • Rapid diagnostic
  • Options memorandum
  • Recovery programme
  • Capital and benefits tracker

Expertise applied

Connected practices under one lead.

Expansion & BuildoutRestructuringPrivate Capital

Next step

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