Durable Household Products
Situation faced:
TAIGA was introduced to a loss-making business where the existing turnaround plan had stalled despite the injection of c. £100m in cash over a number of years.
Outcome achieved:
TAIGA supported the Directors in re-evaluating the established plan and led the redesign and refresh of a turnaround pathway. The plan provided clarity and direction to potential investors and an accelerated M&A process was undertaken and ultimately the insolvent sale maximizing investor returns.
Duration: 4 Months
End: 2019