INVESTOR LOGIN VDM Metals CASE STUDY STATUS Realized INDUSTRY Industrials THEME Spin-out and turnaround of a non-core division of a large corporate conglomerate INITIAL INVESTMENT 2015 HEADQUARTERS Werdohl, Germany Why Lindsay Goldberg? Lindsay Goldberg acquired VDM, a corporate carveout, from a company where a Lindsay Goldberg affiliate partner was formerly CEO. Investment Thesis Highlights Opportunity following corporate carveout to increase focus on executing strategic priorities and building a dedicated senior management team. As the largest European producer of nickel alloys and recognized as an innovation leader, VDM is now one of the largest producers of high-performance nickel alloys globally. Through efficient use of facilities, management was able to optimize capacity and position VDM for future growth. Post-Investment Value Creation Under new focused leadership, VDM achieved significant operational improvements including: Working capital optimization through inventory efficiency initiatives. Sales growth supported by strategic and targeted efforts. Health and safety: Focus on safety and working conditions of all employees created more appealing and efficient work environment, increasing productivity directly through reduction in lost-time injury rate. Expansion to new areas of growth including nickel powder and rotating turbine parts. www.vdm-metals.com VDM Metals: Ship flue gas desulfurization BACK TO COMPANIES PREV | NEXT FIRM TEAM AFFILIATE PARTNERS COMPANIES NEWS CONTACT INVESTOR LOGIN 630 Fifth Avenue, New York, NY 10111 | Tel: (212) 651.1100 © 2021 Lindsay Goldberg All rights reserved. Lindsay Goldberg Terms of Use and Privacy Policy © 2021 Lindsay Goldberg is a registered trademark of Goldberg Lindsay & Co. LLC