Panta rhei – everything flows.

It sounds absurd, but it has proven itself time and again over many eons: Nothing is as constant as change. Anyone who is active in society in any way should have realized by now that we are undergoing a fundamental change on many levels, which is often referred to as “disruption”. China is acting more and more obviously as an influential global player; Industry 4.0 is putting industrial production on a new footing; we have all accepted smartphones, tablets and all other internet-connected devices as part of our lives and use their apps for work, shopping or leisure – to name just a few examples.

Change also determines the actions of every company. Sooner or later, the time will come when only breaking new ground can bring back economic success. The reasons for this are manifold and should not play a role here. Just this much and without any judgment: the term “operational blindness” was not created without good reason. Restructuring of this kind is not always successful with internal resources alone.

A neutral view from the outside has often been the key that has opened the door to new successes. This is where restructuring experts come into play – like those from Conzima. You can find an overview of our team’s successes here. It goes without saying that we develop an individual key for each company. The blank can be interim management, restructuring or even CRO management, an approach that is still little known in Germany, but in which we have unique expertise based on many years of experience.

Not yet listed is a recent success story that began in November 2019: At that time, we became the majority shareholder in R+S Group AG, one of the leading service companies for building, marine and industrial technology in Germany. The company generates just over 50% of its turnover with technical building equipment. The market for these so-called smart buildings and energy-efficient buildings has been growing for years. The company, which was founded in 1988 as a two-man business, has therefore developed into an impressive group with over 3,000 employees at more than 30 locations in Europe. Among other things, the R+S Group was involved in the construction of the new Terminal 3 at Frankfurt Airport.

Growth was mainly driven by company acquisitions. However, planned synergies could not be achieved in this context. This was also due to the fact that the integration of the acquired companies was not driven forward quickly enough. This had a negative impact on earnings, despite the good market environment mentioned above. Against this backdrop, we became the majority shareholder in the company. Together with Haspa BGM, we then initiated a realignment of the R+S Group, which also included a long-term shareholder structure. By spring 2021, the process was already so far advanced that the Group’s organic growth came to the fore – and the company became interesting for other investors. This was also the case for Deutsche Beteiligungs AB (DBAG), which has been focusing on sustainable, i.e. long-term, investments for some time. In March, DBAG then acquired our shares and invested 15 million euros in the further development of the R+S Group, as Ralph Burkhardt, CEO of R+S Group AG, emphasizes: “With our new shareholders, we are well positioned to expand our range of services to include additional trades and to focus more strongly on customers in particularly promising industries.”