Areas of operation:
BM&T Principals were engaged to identify and implement a series of cost reductions and efficiency improvements for a Global printer manufacturer and distributor. The initiatives (including relocating production, centralising warehousing and support services, vendor assessment and headcount reduction) were implemented during the two stage assignment and impacted operations in Germany, France, UK, Italy, Spain and Austria.The result was an improvement in European EBITDA of $14m on revenues of $140m.
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Notes, insights and reflections from Matthew, one of our directors and turnaround experts, as he works with companies during Lockdown.