After a successful outcome we are moving forward on the basis of his proposals.
Andrew Fraser, Chairman of manufacturing company
Areas of operation:
BM&T Hellas led restructuring of bank loans and reorganization of the two companies engaged in distribution of Spirits, wine, beer and beverages. Two Critical Solution employees took charge of the operations and run the restructuring strategy to merge the two companies. Developed a new strategy and operational Business Plan, with emphasis on cooperation with vendors and new customers. Carried out a full assessment of and recommendations on management practices.
Both companies have returned to profitability. A new management team was identified and put in place. The merged entity became operational on July 1st 2019.
© Copyright BM&T European Restructuring Solutions Ltd. All rights reserved
Notes, insights and reflections from Matthew, one of our directors and turnaround experts, as he works with companies during Lockdown.