Quote:[size=1" face="Verdana" id="quote]quote:Originally posted by mjrallare
<br />I saw this while looking around at Märklin's site;
[url][/url]http://produktadmin.maerklin.de/presse-upload/0001-071204Pressemitteilung_Turnaround-Preis.pdf
I think it would be great if the "turbulent times" for Märklin finally was over. Märklin themselves have been saying that lately, and I guess this "prize" also is a sign that they are on "the right track".
/Torbjörn
a quick Google translation
"
Märklin receives award for the best European turnaround
Göppingen, 4 December 2007-Märklin is for the existing successful
During his recovery program with the European prize of the best
Turnarounds Award. The Society of Turnaround Professionals
(STP) "gave the company and the rehabilitation involved in the restructuring advisers
By AlixPartners last Monday in London
Prize for Europe's best turnaround.
"We are very pleased about this award, because we start our entry
The rapid recovery of Märklin recovery target, "said Dr. Mathias
Hink, CEO of the holding company Kingsbridge Capital. "We see
Initial successes after we doubled the investment, innovative distribution channels
Remedies and especially the top brands Märklin renewed luster awarded
Have, in this way we will also explore new buyers. "
"It has proved to be successful, first of all, the eingebrochenen sales
To stabilize and revitalize, then the necessary structural
Measures, which Märklin to sustainable success
, "Said Dr. Ulrich Wlecke, managing director of AlixPartners GmbH,
Together with his colleague Dr. Jan Kantowsky and the Michael Weyrich
Accompanied restructuring. "We are proud that Märklin as a model case
Successful restructuring has been rewarded, "said Wlecke.
"