The Situation

A Tier 2 company specialising in gearbox components fell into a significant sales decrease during the financial crises of 2008. The challenging situation affected the mother company and a recovery was needed.

The Solution

Our client appointed a WIL Group member partner as the CFO. A financial diagnosis was made that identified clear weaknesses and a recovery plan was implemented which included treasury stabilisation, working capital optimisation levers and improved reporting.

The Result

Short term treasury stabilisation was achieved

Implementation of new financial processes

Multi-Country Solution - Leveraging resources from:

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