Kiel Aerostructures
A merger integrated in 100 days, synergies ahead of plan.
Result
€42m
Sector
Industrials
Practice
M&A and Integration
Duration
5 months
01
The challenge
Two wing-component makers of similar size merged with overlapping plants, different systems and nervous customers.
02
What we did
We set up an integration office the week the deal signed, took organisation decisions in the first 30 days, and kept a weekly synergy count against the deal model.
03
What changed
All major integration decisions were made inside 100 days. Run-rate synergies reached €42 million, 15% ahead of the deal case.
“
Every Monday we knew exactly where the synergy number stood. That calmed everyone down.
Chief Executive, Kiel Aerostructures