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Audio/Visual Electronics Supplier
Turnover - £11m
Sector - Electronics
The Project:
Following the death of the founder, poor management created significant financial problems through over stocking of FMCG. A major support programme was required to recover this AIM listed company.
Outputs:
Stock dispersal programme reduced debt and provided liquidity
Routes to market streamlined
Business focussed on automotive market with tier 1 capability
Global patented technology platform achieved giving the potential for £30m of new business
Re-structured business sold to Private Equity
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