Successful corporate restructuring with SIC
Success stories: Corporate restructuring with the SIC Debtor-Insolvency Center eV
Müller Maschinenbau GmbH – Rescue in the Manufacturing Industry
Markus Müller , 45 years old, is the managing director of Müller Maschinenbau GmbH , a medium-sized company with 25 employees that manufactures high-precision machines for the automotive industry. Founded in 2010, the company quickly developed into an important supplier in the industry. Thanks to innovative products and a committed team, Müller Maschinenbau GmbH was able to grow continuously in the first few years.
But in 2021, the company fell into a financial crisis due to several factors. Rising raw material prices, coupled with supply bottlenecks and the ongoing COVID-19 pandemic, led to significant declines in sales. Markus Müller found that fixed costs could no longer be covered by revenue. In addition, there were high investments in new technologies that did not achieve the expected return on investment.
The situation worsened when some major customers withdrew their orders and new orders failed to materialize. Müller Maschinenbau GmbH became insolvent and was on the verge of bankruptcy.
In this desperate situation, Markus Müller turned to the SIC Debtor Insolvency Center eV . Here he received comprehensive debt advice and support in filing for personal insolvency . The experienced SIC consultants helped him to draw up a detailed financial plan and prepare the necessary steps for filing for insolvency .
Thanks to the professional support of SIC, Müller Maschinenbau GmbH was successfully rehabilitated. With the help of restructuring measures, cost reductions and negotiations with creditors, the company was able to eliminate its excessive indebtedness . The insolvency administrator worked closely with Markus Müller to stabilize the company and get it back on track for growth.
Today, Müller Maschinenbau GmbH is back on solid financial footing. Thanks to the support of the SIC Debtor Insolvency Center eV, the company was not only saved, but also emerged from the crisis stronger. Markus Müller and his team are now better prepared to face future challenges and continue to expand the company.
Klein & Partner IT Services – Success in the Service Industry
Sabine Klein , 38 years old, is the managing director of Klein & Partner IT-Dienstleistungen , a successful IT consulting company with 15 employees in Munich. Founded in 2015, the company specializes in IT security solutions and cloud services for small and medium-sized companies.
Sabine Klein was able to quickly build a good reputation in the industry through excellent customer service and innovative solutions. The company grew steadily and continuously expanded its range of services. But in 2022, market conditions changed drastically. Increasing competition, combined with high investments in new technologies and personnel, led to an increase in operating costs.
In addition, the COVID-19 pandemic had a major impact on business operations. Many customers withdrew their budgets, which led to a significant drop in revenue. Sabine Klein found that revenue was no longer sufficient to cover the increased expenses. The company became over-indebted and was on the verge of insolvency.
In this difficult situation, Sabine Klein contacted the SIC Debtor Insolvency Center eV . There she received professional debt advice and support in drawing up a restructuring plan . The SIC experts analyzed the company's financial situation and worked with Sabine to develop a detailed financial plan.
By working with the SIC Debtor Insolvency Center, Klein & Partner IT Services was able to file for insolvency in good time and initiate restructuring . With the help of the insolvency administrator, negotiations were conducted with creditors and existing loans were restructured. In addition, internal processes were optimized and cost-cutting measures implemented.
Thanks to the professional support of the SIC Debtor Insolvency Center eV, Sabine Klein was able to save her company and get it back on track for success. Klein & Partner IT Services has repositioned itself, regained financial stability and exploited its growth potential. Today, the company continues to offer first-class IT services and is optimistic about the future.
Do you feel addressed?
Do you know entrepreneurs who are in a similar financial predicament? The SIC Debtor Insolvency Center eV is here to help you. Our experts offer comprehensive debt advice and support you in filing for insolvency . Whether in the manufacturing industry or the service sector - we will help you find a way out of the crisis and save your company or successfully restart it.
Act now and get support! Send us a non-binding inquiry today and let us find a solution for your financial situation together.