Interim Management and Monitoring

Company:

Kolplast

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Sector:

Health (Industry – Medical Products)

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Date:

2014 - present

Kolplast is the company leader in the manufacturing and sales of medical products and equipment for the gynecology, obstetrics, proctology and in liquid cytology, with a strong presence in the market of clinics, laboratories and hospitals (private and public) throughout Brazil. SETTER acted in structuring and fundraising, and currently manages the resources invested in Kolplast, as well as having a CFO assigned in the company.

Services Provided

• Setter's First Club Deal

• Setter acts as a CFO and has 2 chairs on the board of directors.

• Implementation of corporate governance and improvement of management tools (family business transition)

• Buy-side M&A projects pursuit

Challenges

• Potential for organic growth: sector still not fully attended and there is room to capture market share

• Increase in margin due to optimization of production capacity and in bargaining power against suppliers due to the growth of the company

• Control of Costs and Expenses

• Launching of new products: complementary to the current portfolio

Changes

• Debt restructuring 

• Professionalization of the management

• Formation of Board of Directors

• Development of financial controls and performance reports

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Achievements

• Successfully implemented a new governance model 

• Launching of new products such as Electromedical Equipment, Surgical Kits for hospitals and own liquid cytology method

• Increase in the EBITDA margin despite the more robust administrative structure

• EBITDA margin higher than shareholders' long-term plan