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Auto Parts Manufacturer

Turnover - £13m
Sector - Manufacturing

The Project:

Founder death and complex family trust structure led to a requirement of support to secure the future of the business


Output:

  • Threat of closure/insolvency was avoided, protecting 169  jobs

  • Profit returned in year 1 with run rate to increase in place

  • New shareholder introduced with industry experience to support the Trust and the business

  • The business returned to live book with the lender within 2 years

  • The business continues to perform profitably year on year

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