B2B Wholesaler in electricity sector in Belgium, €40M, 90employees, 8 locations. Acquired by a Danish group in 2011, Revenue in decline.
Restructure the business, integrate into the Benelux organization and processes, create the conditions for turnaround and make the company ready for a possible resell.
Reduced the workforce with 30%, Implemented SAP, setup of a new organization, retraining and reskilling employees, outsourced ICT to Denmark and the Netherlands, relocated the 2 BE warehouses to a Benelux warehouse in the Netherlands, setup of new logistic and supply chain processes via NL.
Belgian subsidiary fully integrated in the Benelux and sold in 2017 to a French group.
Av. Louise 367
Maaltebruggekasteel, Kortrijksesteenweg 1023
Rue Haigniaux 23