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Client: Hindle Group
Industry: Precision Engineering and Manufacturing
Turnover: £16M
Employees: 135 (including a wholly owned manufacturing site in China and sales representation in Germany)
The Challenge
Hindle Group, comprising three businesses specializing in precision gears, engine components, and mechanical control cables, faced significant operational and financial challenges. The company experienced a period of poor performance, impacting profitability and market presence. Hindle needed a transformative leader to drive sustainable growth and restore operational efficiency.
Our Solution
Hamilton Finch partnered with Hindle Group to identify and place an exceptional Group Managing Director with a proven track record in turnaround strategies and profitable growth in the manufacturing sector. Our recruitment strategy focused on finding a candidate with deep expertise in operational improvements, acquisitions, and market expansion.
The Results
The appointed Group MD delivered remarkable results within two years, transforming Hindle Group into a high-performing organization:
Revenue Growth:
Increased top-line revenue from £9M to £16M (+78%).
Profitability Improvements:
Tripled EBITDA from £600K to £1.8M.
Strategic Achievements:
Operational Improvements: Implemented lean processes and enhanced efficiency across the group's three businesses.
Acquisition: Identified and executed a strategic acquisition to strengthen the company’s portfolio and capabilities.
Market Expansion: Opened new market opportunities and developed action plans for organic growth.
Global Operations:
Leveraged Hindle's manufacturing site in China and strengthened sales representation in Germany to drive international growth.
Client Testimonial
"The leadership and vision of our new Group MD have been transformative for Hindle Group. The strategic plans and operational improvements implemented have not only reversed our poor performance but positioned us for long-term success in a competitive market."
Key Takeaways
Precision in Placement: The right leader can rapidly turn around underperforming businesses and deliver measurable financial results.
Strategic Growth Focus: Combining operational improvements, acquisitions, and market expansion is critical to driving profitability.
Global Synergy: Leveraging international operations can unlock new growth opportunities and increase competitiveness.
Are you looking for transformational leadership to drive growth in your business?
Contact Hamilton Finch today to discover how we can help you find the talent you need to achieve exceptional results.
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