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Acquisition of additional working capital financing of € 1.35 million to secure long-term growth

Dr. Franke GmbH & Co. KG

Dr. Franke develops, produces and sells technical and decorative stamped parts, deep-drawn parts, bent parts, flat springs, closures and plastic-coated metal parts made of steel / stainless steel, aluminium and brass.

The added value encompasses the steps of punching, deep drawing, fine blanking, welding, assembling, coating (outsourced), laser cutting, CNC milling, construction, toolmaking and prototype construction.

From its headquarter in Solingen, Germany, Dr. Franke mainly supplies customers that are operating in the automotive sector. Moreover, the company also supplies customers that are operating in the cosmetics, sanitary and construction industries.

https://dr-franke-umformtechnik.de 

TMC accompanied akquisition of additional working capital financing of € 1.35 million

Since the takeover of Dr. Franke GmbH & Co. KG through the current managing partner Jörg Ramme in 2002, the company has expanded continuously by integrating suitable production areas of customers and competitors. Over time, the growth resulted in a correspondingly increased demand for operating resources. With the now implemented working capital financing of € 1.35 million, the company’s long-term development could be secured. At the same time, the financing measures have also created more space to continue with the already existent growth track of Dr. Franke GmbH & Co. KG.

The team of TMC Turnaround Management Consult GmbH around partner Kai Peppmeier provided the company with comprehensive advice in the structured financing process.

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