The client:  

Kreisel Electric was founded in 2017 in Freistadt (Upper Austria) by three entrepreneurial brothers with the aim of developing, producing and selling high-performance batteries for various mobility applications. The company had around 170 employees in 2022 and had innovative technology for high-performance batteries.

The project:

Kreisel Electric faced two main challenges in 2022: On the one hand, disruptions in the supply chain had led to delays in production and sales and necessitated a financial restructuring. On the other hand, it was necessary to find a strategic partner for the company.

Highlights:

  • Management Factory has taken over the financial management of the company and led the M&A process.
  • As a result, the Fortune 100 company “Deere & Co” was found as a very strong strategic partner for the company.
  • Safeguarding of the future of Kreisel Electric.