Glass maker for high premium bottles of wine & spirits
Situation faced:
Company owned by two PE Funds and Management under an LBO structure. Needs to improve productivity and competitiveness in preparation for a secondary LBO.
Outcome achieved:
Optimisation of the financial and operational organisation of the Group and implemented new cost control processes. Despite the 2008 / 2009 crisis the level of profitability was maintained and covenants were achieved.