ZETT GROUP

GENERAL INFORMATION

Industry:

lighting systems

Employees:

approx. 270

Turnover:

roughly EUR 45 million

Region:

national

Initial situation

Due to an unsuccessful post-merger integration of different business units within the Zett Group, the management was forced to file for insolvency proceedings in self-administration in spring 2015. Restrukturierungspartner were commissioned to organise a structured investor process that both would take into consideration a possible split of the business units and allow for a takeover of the business units by different investors, in separate periods.

Service

More than 600 national and international companies in the lighting industry as well as more than 300 private equity and financial investors were approached in separate investor processes. With the participation of more than 50 potential investors in the various processes, it was possible to split up the business units and transfer each to strategic investors.