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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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