Vendex KBB is at a problematic stage at the conclusion of 2004, most notably its core V&D department stores. A consortium of private equity investors led by KKR, who purchased the business a year ago, encourage retail veteran Tony DeNinzio to confront the hurdle of turning over the diversified holding company. Although reluctant at first, he gives consent, but only for three years 18 months part time.
His mandate is clear: by adding value to all stakeholders, not only the PE firm, to turn across the iconic Dutch business, a mission made more challenging from the reputation PE companies have currently acquired as “barbarians” at the gate. About to commence on his initial 100 days, what must he do on his beginning day?
Vendex KBB First Hundred Days in Crisis Case Study Solution
PUBLICATION DATE: March 24, 2014 PRODUCT #: INS364-HCB-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP