Areas of operation:
BM&T undertook a review of over 40 locations of Promens, a pan European plastic container manufacturer with Head Office in Iceland being acquired by £2 billion turnover RPC, a UK FTSE 250 company with 50 locations mainly across Europe. Recommended the integration of management and locations, closed Icelandic and Norwegian offices and assisted in relocation of production and plant closures in Germany, Slovakia, and France. Eventual annualised Ebitda savings in excess of £50 million were reported by the Group.
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Notes, insights and reflections from Matthew, one of our directors and turnaround experts, as he works with companies during Lockdown.