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Automotive Joint Suspension Manufacturer
Turnover - £10m
Sector - Manufacturing
The Project:
A cash crisis in this automotive supply chain business led to major losses and lender concerns. Assistance was required to re-stabilise the business
Outputs:
Refinanced for growth and some equity release for majority shareholder
More suitable lending partners brought on board
Revenue and profit stabilised
Platform for growth identified
Business sold to trade players best suited to deliver the growth
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