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Concept Car Business

Turnover - £18m
Sector - Automotive

The Project:

Sudden death of founder of specialist car modelling  business with no succession plans gave rise to stakeholder concerns


Outputs:

  • Major customers and revenue stabilised

  • Profit and cash improved leading to debt reduction

  • New executive team built

  • The business was sold to a trade player, the Trust Estate  realised a good return and the jobs of 120 employees were secured

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