Management-Buy-Out 4/2021

Operational investment activities focusing on projects in growth business segmentsRevenue in average 5 mill.€ per investment case, up to 80 employeesKey achievements: Four successful investments, two successful exitsKey responsibilities: Evaluation of business opportunities, start-up activities of newly established companies, cost efficient implementation of operational projects, obtaining financing for the investment projects, successful exits after developing the companies

A leading North-European steel foundry company Independent company, majority owned by private equity shareholder Riverside, USANet sales 55 mill.€, Ebitda 5 mill.€, 300 employees, www.onekeycast.com President & Chief Executive OfficerKey achievements: Net sales up from 43 to 55, Ebitda up from 3,2 to 5,1 mill.€Key responsibilities: Post-merger integration: Development of a unified corporate business and organizational structure, focus, culture, mindset and image; New group strategy and new business strategies for each unit; Establish new and develop existing key accounts; Internationalization and business development on new markets (focus on Germany, Norway, Turkey, Russia and White-Russia); Renewal of authority operations license; Ensuring business continuity with limited financial resources; Cost cutting procedures; Restructuring; Crisis Management; Refinancing of the groupInternational dimensions: Holding and one foundry in Finland, three foundries and one machining company in Sweden, own sales units in Sweden, Finland, Germany and USA

Financial achievements:Net sales up by 107,8% to 338 mill.€, Ebitda up by 235,7% to 28,3 mill.€, Net financial debt declined from 63 to 23 mill.€ (24 months period)Strategic objectives:1. Ensure sustainability of the business activities 2. Continuous development of the production: Increase of the product process stability Increase of production efficiency Optimize capacity by de-bottlenecking Evaluate and implement new technologies3. Reposition the company as the Zinc Competence Centre for Central-Europe:High-value and unique products & service offering with own and partner productsNew customer oriented way of doingNew industrial customersKey achievments:1. Ruhr-Zink has implemented several systems for continuous performance improvement: Human resource development tools, Ideas and improvement management, Kaizen continuous improvement, Certified integrated management system for quality, environment, health and safety2. Certification of the RuZ1 brand of Ruhr-Zink at the London Metal Exchange 3. Step by step rebuilding of the smelter during the continuous running production4. New way of communication; Open and continuous information exchange inside the company, in the industry, with customers, suppliers and partners5. Ruhr-Zink has become the world leading zinc smelter regarding the usage of recycling materials 6. Transformation of Ruhr-Zink from a traditional production-oriented zinc smelter into a customer-oriented zinc competence center7. Participation to the entire exit-process of the shareholder

One of the leading European energy metering and load managementsolutions companiesMain achievements:Turn-around and organic growth of the Enermet Group, last rolling 12 months development:• Order backlog up by 110% to 52,8 mill. €• Order income up by 50,8% to 99,8 mill. €• Ebitda up by 75,3% to 9,4 mill. €• Ebit up from -1,3 m€ to +3,5 mill. €Main responsibilities:• Stabilizing and refocusing the group after the restructuring phase• Creation and deepening of strategic partnerships; e.g. in China• Identification and implementation of intra group synergies• Redefining group’s value creation/chain position• Building a One-Enermet-only mindset and image• Opening new ways of thinking and doing to the organization• Chairman of the Executive Management Team• Member of the Board of Directors of the parent and all major subsidiaries• Managing Director in the two main locations Finland and Switzerland

An international technology group with development, productionand marketing of systems & services for radioactive measurementMain achievements: • Turn-around of the Rados Technology Group• Enabling the shareholders (i.e. venture capital funds) a successful exit• Evidenced multiplication of the shareholder value in 2,5 years by 3Main responsibilities:• For operative measures similar to Rados German subsidiary (see below), in addition:• Defining and implementing revised partnership strategy inside the industry• Outsourcing of production at Turku Operations to a new strategic partner • New strategy and implementation in the USA and UK• Selling of the Majority shareholding in the Italian Operations • Identification of potential buyers for the shareholder’s exit• Participation to the entire exit procedure of the private equity shareholders

Development, production and marketing of monitors and systemsfor radioactive measurementMain achievements: • Turn-around of the German subsidiary of the Rados Technology Group• EBT from –10% up to +18,8% of net sales• Growth of net sales up to >30%/yearMain responsibilities:• Regaining of the company basic credibility at stakeholders• Safeguarding of the financial position of the company• New direction and empowerment for the staff, esp. sales&marketing team• Implementation of the incentive system for the staff• New orientation for the product lines• Rationalisation, cost driver cutting• Improvement of the company image as “quality provider”

Joint venture company of the two leading European tyre companies Michelin and ContinentalMain responsibilities and achievements:• Strategic sourcing• Purchasing strategies• Supplier analysis• Establish and kick-off of the Joint Venture -company in Amsterdam• Evaluation of synergies between Michelin and Continental

Corporate Purchasing & Strategic SourcingOne of the leading tyre, technical rubber and automotivesystems companies in the worldMain responsibilities and achievements; see MC Projects B.V.

Main responsibilities and achievementsAs Controller:• Integration of the company into Continental Group• Build-up of the Controlling function in the company• Coordination of planning & reporting• Competitors analysisAs Manager Operations&Logistics:• Operative management: • Member of the steering group• Cooperation with Michelin: Logistics benchmarking on market Finland• Copernicus-project: Group wide European logistics developmentand rationalization project• Outsourcing: Tender and negotiations with logistics service providers regarding transports, warehousing, handling and terminal functions• Property activities: New office premises –project

Department Corporate Accounting, Mergers & AcquisitionsMain responsibilities and achievements:• Preparation of public information of the corporation• Preparation of competitor-analysis for the executive board• Mergers & Acquisitions -Projects• Contacts to the auditors in the parent company and the subsidiaries• Development of corporate accounting manuals and mergers & acquisitions guidelines• Day-to-day communication with the corporate companies• Special development projects