SPECIALISATIONS
K&Co has developed exceptional expertise in two specialised areas:
Disposal of semi-distressed assets
Non-core assets encompass subsidiaries, business units, production sites, or specialised product teams that no longer align with a company’s core business due to evolving product portfolios or technological changes. These assets often suffer from insufficient management attention and lack of investment, leading to deteriorating financial and commercial performance that ultimately impacts group results negatively.
As asset quality declines, buyers interest decreases materially, sometimes resulting in negative purchase prices. However, the costs of liquidation typically prove substantially higher.
The divestment of such assets presents unique challenges. Three critical areas require particular attention:
Carve-Out Complexity
- Especially challenging for smaller units
- Requires precise definition of interfaces
- Necessitates transitional support service arrangements
Buyer Identification
- Demands creative approaches
- Requires innovative thinking
- Needs extensive market knowledge
Transaction Structure
- Must minimise seller’s risk exposure
- Requires robust commercial and financial frameworks
- Demands clear post-transaction boundaries
Standard sale procedures do not apply to these situations. Each transaction requires a bespoke approach and careful judgment to be executed successfully.
Experience shows that non-core disposal processes should minimise demands on the seller’s senior management time. Independent, reliable, and transparent execution of these divestments enables management to maintain focus on core business growth and value creation.
Specialist Advice / Mergers & Acquisitions / Corporate Finance
At Klemm & Co, we believe that exceptional situations demand personalized attention. With over three decades of experience, we specialize in navigating complex, challenging, and unique corporate scenarios.
Our expertise lies in:
International mergers and acquisitions & strategic corporate finance advice
Track Record
For over 30 years, Klemm & Co has successfully executed numerous diverse transactions. While we have handled many standard transactions with expertise, here are some of our more challenging deals …