Assessment of damages claimed by 3M South Africa

Genesis was retained by a small healthcare products company, Bestcare, to assess the damages incurred following the termination of a supply contract by a large multinational supplier, 3M.

The project team used before and after quantification techniques to determine the change in revenue that resulted from the termination of the contract for both private hospital supply contracts and public tenders.

Through a careful financial analysis of the Bestcare’s cost structure, the team was also able to accurately determine potential cost reductions in order to quantify lost profits.