Sourcing a Chief Restructuring Officer for a multinational concrete business
The Situation
PRETERSA, is a company dedicated to the design, manufacture and assembly of precast concrete structures.
Owned by Magnum Capital
Since 2007 the concrete market had been progressively collapsing.
Owned by Magnum Capital
Since 2007 the concrete market had been progressively collapsing.
The Solution
Engaged to diagnose Company Viability
Appointed a Chief Restructuring Officer (CRO)
Appointed a Chief Restructuring Officer (CRO)
The Result
EBITDA stabilisation reached due to cost reduction policies implemented.
Secured working capital financing in order to enable the company to manage its seasonal cash requirements.
Secured working capital financing in order to enable the company to manage its seasonal cash requirements.
Multi-Country Solution - Leveraging resources from:
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