Sirona, Dental Business Systems Siemans AG is being sold through an auction. In September 1997, buyout firm Schroder Ventures has to decide whether to make a mandatory offer for the business. Schroeder did extensive due diligence in support of a team of consultants. There seems to be some untapped potential for growth, as well as a room for reducing the cost of Sirona. But there is considerable uncertainty around cost reduction and growth scenarios. In addition, there seems to be problems at Sirona subsidiaries abroad. Finally, funding will depend on the ability of high-proposal, the first of its kind in Germany. "Hide
by Walter Kuemmerle, Chad Ellis Source: Harvard Business School 21 pages. Publication Date: June 14, 1999. Prod. #: 899076-PDF-ENG
Related Case Solutions & Analyses:
Envia Systems
Franklin Health Associates (B)
Global Expansion at Sanford C. Bernstein (B) (Abridged)
The Export-Import Bank of the United States
Revenue-Recognition Problems in the Communications Equipment Industry
Progressive Corp.
Changing with the Times: South African Police in the Post-Apartheid Era (Sequel)
Bangkoks Second Stage Expressway
Does IP Strategy Have to Cripple Open Innovation?
Google- Project Oxygen
