Case Studies: Collins & Aikman

Collins & Aikman

$4bn – Auto component manufacture

Areas of operation:  

A major global auto manufacturer engaged BM&T Principals to advise on its risks, options and exposure in the 26 European subsidiaries based in nine countries of a $4 billion USA auto parts supplier in Chapter 11. BM&T Principals assisted in managing OEM cash flow support whilst the insolvency jurisdictional filing options were being assessed by the supplier’s management. Following the filing under a UK COMI, BM&T Principals advised a leading Private Equity buyer in due diligence to determine the viability of each entity and to establish the optimum group of entities which were subsequently acquired from the administration process.

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