Axel Folchert

CRO & Sole Administrator of Logivend SLU – undisputed leader in the tobacco vending market in Spain - 8.500 machines controlled through wireless connection in real time; 360º solutions. Led full restructuring of Logivend SLU, implementation of new business model, 40% workforce reduction; growth and profit via market repositioning. Executed closure of operations and liquidation of the activity due to 180º change of market behaviour. In charge of a team of 110 people / 7 direct reports.

Iberia Industry Capital Group (IIC) is an experienced industrial holding firm focused on acquiring businesses in special situations, such as distressed companies, corporate divestitures and complex carve outs. Our core competency is in supporting and instilling an entrepreneurial spirit into our portfolio companies and driving them to exceptional performance.

Chief Executive Officer of Asistencias Carter SL – Buy-and-Build project resulting in creation of market leader in the Spanish roadside assistance and vehicle recovery market, backed by Collins Capital (Private Equity Fund). Headed 1st level consolidation of highly fragmented roadside assistance and vehicle recovery market in Spain. Led the entire integration project, incl. staffing. In charge of a team of 190 people / 5 direct reports.

2nd largest German Electronic Manufacturing Service Provider (EMS) with 10 German subsidiaries and several international partners. Led controlling, accounting, treasury and finance, taxes and insurances, human resources and IT. Headed post merger integration of originally independent subsidiaries into one homogeneous group. Explored synergies and realized significant cost reductions within restructuring and turn-around-management. In charge of a team of 50 people / 8 direct reports.

Managed the spanish subsidiary of a german multinational group. Analysis and restructuring of the complete process management, plus structures. Reajusted the business model to assure future business by consolidation of direct and project sales channels and focusing on indirect sales channel, realized workforce reduction of 30 people - savings € 1,5 m /year - in charge of a team of 35 people / 6 direct reports.

Managing Director/CEO of MyAlert and Buongiorno in Germany - spanish/italian based internet start-up positioned as mobile portal, mobile service provider(MSP) and e-mail-marketer Defined, implemented and executed the strategic and operative entrance into the german market and all required functions such as strategy and business development, sales incl. partner-management, marketing and PR, finance and administration. In charge of a team of 15 people / 3 direct reports.

Head of Financial Project-Management Ran implementation and execution of projects in the product division “Public Networks” in the spanish market, e.g. with one of the leading spanish fixed network operators (Retevision). Oversaw contract-and subcontract-management of framework agreements with customers and providers, external and internal procurement, project-controlling, logistics, warehouse-management - in charge of a team of 11 people

Head of Controlling in the Telecommunication Area Economically led product divisions “Private Networks”, “Public Networks”, “Mobile Communications” and “Security Systems” in the spanish market with seven offices all over Spain. Managed strategic planning and reporting, cost-, HR-, stock- and receivables-controlling. Led Hyperion- and SAP-implementation. Restructured, integrated and segregated different product divisions - in charge of a team of 4 people.

Training-on-the-job in corporate controlling of Bosch Telecom GmbH/Telenorma GmbH.

Instructor/Tutor for Adult Education Teached 80 highly skilled participants from former East Germany in accounting and cost calculation.

Specializing in finance Prof. Dr. Manfred Steiner and in controlling and auditing Prof. Dr. Jörg Baetge Graduation: Diplom-Kaufmann