Interim restructuring lead: medtech manufacturing site carve-out, eastern France

The Business A leading mid-market private equity fund focused on healthcare has recently acquired an Italian contract manufacturer of orthopaedic instruments. It now wants to bolt on a manufacturing site carved out of a large international contract manufacturer in France. The site is fully equipped, has specialist technology and comes at an attractive price. It is losing a major product, so the job is to reshape it and fill it with new business. The Goal of the Project

• Lead the task force from bid to integration, working with the fund, the buyer’s COO and the deal advisers.
• Test the seller’s restructuring plan and confirm the true cost of the deal.
• Oversee the restructuring of the site, including reducing overheads by about 100 roles.
• Manage the discussions with the seller alongside the fund.
• Shape a plan to win new customers and fill spare capacity.
• Bring the site into the buyer’s group and set it up to grow.
• Phase 1 runs to February or March 2027. A lighter follow-on phase runs for about a year.

- Requirements

• Fluent French.
• Experience leading restructuring, turnarounds or carve-outs, ideally in manufacturing.
• Medtech or other regulated manufacturing is a plus.
• Comfortable running a project with many parties and moving parts.
• Consulting background is a plus.
• Available 3 to 4 days a week from December 2026, with some time on site (about 2 hours from Paris).
• You will work alongside an Altius partner as a sparring partner throughout.