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Restructuring following the takeover of a company placed in compulsory liquidation

context

Scope: 15 industrial sites

Turnover: 53 M €

Industry: metal cutting

Stakes: taking over the group requires restarting the activity as quickly as possible in order to avoid any site or process blocking.

Duration of the assignment: 3 months

Results

 

Coordination of the accounting team, preparation and monitoring of  cut-off with legal proceedings

Implementation of the factor and payment procedures

Reparameterization of the IS

Resumption of  staff  and monitoring of commitments made before the commercial court

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Means Mobilized

1 Managing Director of the Human Resources practice (50% of his time)

1 Managing Director Finance (50% of his time)

2 Vice Presidents  (100% of their time)

Contact our turnaround team

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