Sometimes, there is no other solution than a complete restructuring of the company’s previous operations in order to stay afloat. Such reorganisations require unemotional and quick decisions. Any delay comes at an extremely high price and there is no room for error. You must be aware of the legal options and take advantage of them.

Typical cases are for example:

Separating the assets of a multi owner holding;
Mergers following an acquisition of a company on a loan;
Outsourcing of business units;
Disconnection of property from the business;
The creation of companies with a clean profile by splitting them up to ensure proper risk management.

Transformation is typically a long-term process (5-7 months), with many opportunities to achieve other business goals in addition to the main objective. The BDO Corporate Finance team recommends that the necessary audit, accounting, and legal work is coordinated by an expert to ensure that the process runs smoothly, and the business objective is not lost sight of.

It is necessary to know the position of buyers, suppliers, financiers and what they are willing to do to reach an agreement and successfully manage the crisis. Tough negotiation and consistent implementation are necessary.

At BDO, we believe that by offering the best of our knowledge, we can serve our clients' needs to a high standard, to put the business on a new footing and boost value creation.