M18 Turnaround GmbH

An experienced CRO team for companies in special situations.

M18 takes on executive responsibility in restructurings as Chief Restructuring Officer, management board member or managing director, and supports companies in an advisory capacity as well as on supervisory and advisory boards. Led by Michael Giesswein, mandated by shareholders, supervisory boards and financing banks. Operating internationally.

Confidential first conversation
ResponsibilityIn the executive body, with full liability, not from the second row.
ExecutionFrom the first assessment to the completed mandate.
ResultsLiquidity, earnings, viability: That is what we measure ourselves against.
20+ yearsrestructuring and transformation
> € 4 bnrevenue under mandate
6 industriestechnology, chemicals, automotive, beverages, retail, textiles
Internationalmandates across Europe and beyond
Approach

A team that takes responsibility and stays until the result is delivered.

Restructuring is decided not by the concept but by its execution. That is why we work as a well-rehearsed team of CRO, finance, operations and data-driven analysis, scaled to each mandate, always with clear accountability at the top.

Clarity within days

Liquidity, earnings and options become transparent in the first days, AI-supported, robust and decision-ready for shareholders and banks.

Leadership in the executive body

We take responsibility where it is carried: on the management board, in the managing directorship, as CRO. With all consequences.

Execution through to completion

Restructuring path, financing, cost programme, stakeholder alignment: We deliver what has been agreed and hand over a stabilised company.

Services

We act where responsibility is carried.

Executive roles & interim

CRO, management board, interim executive management (CEO, CFO, COO) in crisis and special situations. Liquidity protection, financing, stakeholder management, execution of the restructuring path.

Restructuring & turnaround

Execution of restructuring concepts: We do not write reports, we implement them. Out-of-court restructuring, StaRUG proceedings (German preventive restructuring framework) and debtor-in-possession proceedings in an executive or supporting role. Experience from one of Germany's most significant StaRUG proceedings.

Advisory & performance

Cost and earnings programmes, working capital, execution controlling. For shareholders and banks: an independent assessment of viability and management.

Supervisory & advisory boards

Board mandates in times of upheaval and crisis. Restructuring experience where oversight needs it.

Distressed M&A

Investor processes in crisis, divestment of business units, asset deals out of restructuring under time pressure and with complex stakeholder constellations.

AI-enabled efficiency

Transparency in days rather than weeks: data analysis, liquidity and earnings reporting, process automation. So that savings last.

Our clients do not expect presentations. They expect a company that stands on its own again. Every mandate is aligned to that.
Michael Giesswein · Managing Director
Track Record

Mandates we are measured by.

A selection of executive and restructuring mandates led by Michael Giesswein.

Management Board · CRO

Listed technology group

Approx. € 900 m revenue, 5,000 employees. Board mandate at the initiative of the financing banks. Initiation and successful completion of the StaRUG proceedings, one of Germany's most significant restructuring cases.

CRO

European chemicals group

€ 1.5 bn revenue, 2,000 employees. Liquidity protection, restructuring programme and stakeholder alignment across banks, shareholders and credit insurers.

CRO

European brewing group

€ 450 m revenue, 1,000 employees. Restructuring and repositioning of one of Germany's largest brewing groups.

CRO / COO

Automotive & independent aftermarket

Several international mandates: parts distribution (€ 200 m, 18 sites), automotive supplier (€ 200 m, global plants including injection moulding and assembly) and performance programmes at suppliers with € 200–500 m revenue.

CRO / Advisor

Retail, FMCG & textiles

Restructuring and earnings programmes in textile retail (€ 80 m), food & beverage (€ 400 m) and FMCG/retail (€ 160 m).

Team

Leadership with a track record. A team that delivers.

Those who mandate M18 work with the people who also execute: in the executive body, in the project, on the board.

Michael Giesswein

Managing Director · Chief Restructuring Officer

More than 20 years in restructuring and transformation. Appointed to executive roles by shareholders, supervisory boards and banks, most recently as management board member (CRO) of a listed technology group, completing the StaRUG proceedings successfully. An entrepreneur by experience: founded, acquired and successfully sold companies.

  • Management board (CRO), listed technology group: StaRUG proceedings completed
  • CRO European chemicals group (€ 1.5 bn revenue)
  • CRO European brewing group (€ 450 m revenue)
  • CRO and COO mandates in automotive, retail and textiles
  • University of Innsbruck · Restructuring & M&A, Università Bocconi

The M18 team

CRO · Finance · Operations · Data

Experienced restructuring professionals with executive and line experience, assembled for each mandate, from interim CFO to PMO. Complemented by AI-supported analysis that creates transparency within days and streamlines processes for good.

  • Finance & treasury: liquidity planning, financing, bank communication
  • Operations: cost programmes, plants, supply chain
  • PMO & execution controlling
  • AI & data: analysis, reporting, process automation
Contact

Special situations do not tolerate delay.

We are available at short notice, confidentially and without obligation. In German, English or Italian.

Request a first conversation
+43 676 834 248 15 · giesswein@m-18.at
Innsbruck · Arzler Straße 68, 6020 Innsbruck, Austria
Munich · Nördliche Münchner Straße 9c, 82031 Grünwald, Germany

Legal notice

M18 GmbH (Turnaround Professionals)
Arzler Straße 68, 6020 Innsbruck, Austria
Commercial register: FN 501974y · Regional Court Innsbruck
Managing Director: Mag. Michael Giesswein
Business purpose: management consulting · Member of the Tyrolean Chamber of Commerce · Applicable law: Austrian Trade Act (ris.bka.gv.at)

M18 Turnaround GmbH
Nördliche Münchner Straße 9c, 82031 Grünwald, Germany
Register court: Local Court Munich · HRB 285448
Managing Director: Michael Giesswein

Phone: +43 676 834 248 15 · E-mail: giesswein@m-18.at

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