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Ensuring the financial spin-off of a Czech subsidy

Enabling M&A
Reorganisation
Restructuring and turnaround
Automotive
Finance

Challenge

The AGIM Interim CFO was hired to save a Czech entity of a European T1 supplier who had filed bankruptcy in Germany and was taken over by a bankruptcy administrator there. The Czech business had both clients and profitable projects but needed to find external funding to continue its business and not to be affected by the situation of the mother company.

Success

The AGIM Interim CFO prevented the Czech company from bankruptcy, ensured financing for ongoing projects and facilitated the sales of the company to a new owner ready to settling liabilities.

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Muna Awwadová
Senior Consultant
Arabic | Czech | English
Jana Kuzmická
Associated Partner
Czech | English | Slovak