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Kermel's MBO--April 2002
內容大綱
In April 2002, Venkatesh Tulluri, then strategy director of Rhodia's technical fibers division, announced to management that he wanted to engineer a spin-off and management buyout (MBO) of Kermel, a small company within Rhodia's portfolio. Kermel was a niche player in the specialty fiber market that had not been included in the ongoing company's asset divestment program. Investigates the evolution of the MBO process and the hurdles Tulluri has to overcome to give life to his endeavor.