Axcel had entered into an acquisition process and was looking for upsides and risks that could strengthen the investment case.
An indicative valuation input formed as a catalogue of improvement ideas addressing operational costs, working capital and scalability was created. The operational due diligence included operations, i.e. production, purchasing, supply chain and logistics. A newly launched product family was assessed in respect of technological uniqueness and scalability.
Axcel obtained a fact-based estimate on potential EBITDA performance improvement in the target company with a strict focus on operational excellence