Dr. Födisch

Challenge

The ongoing change in the regulatory framework and the development of new markets require a professional growth plan and partner

In order to secure the company's succession in the long term and exploit its international market potential, the founders and management brought an established partner on board - NORD Holding. Together they were able to overcome various challenges:

• Driven by the focus on environmental compatibility and ever stricter emission limits in industrial production, the demand for modern sensor technology for emission measurement is increasing worldwide
• Demand from regional, international growth markets with different dynamics, certifications and measurement principles
• Long-term skills shortage and the need to recruit engineers/technical sales staff at an early stage to ensure stable business development

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Strategy

Establishment of a sustainable growth strategy and professionalization of the organization

Together with the management, a plan was developed to drive forward the professionalization of processes within the company in addition to growth and profitability:

• Expansion of the product portfolio to include additional components along the value chain through new product development and strategic acquisitions
• Expansion of the international sales and service network including targeted distributor selection and management
• Strengthening the organizational structure through professional financial, IT and personnel structures

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Outcome

Joint transformation to the next level of growth

With the start of the partnership various value levers were implemented:

• Successful implementation of company succession, from founder-led company to management-led group
• High investments in production, research & development, IT systems and human resources
• Closing identified gaps in the product portfolio on the way to becoming a full-range supplier
• Acquisition and integration of TESTA GmbH, Multi Instruments B.V. and CEM-Solution Ltd.