This North American company manufactures and packages “own brand” breakfast cereals for leading retailers in USA and Canada. The US site had been neglected by the parent and subsequently the relative financial performance of the business was falling behind expectations.
Owned by a large UK corporate until identified as none core this global player in its chosen market was now owned by a UK investment house and headquartered in USA. Following several acquisitions, the later proving extremely difficult to integrate, the European subsidiary was having major service issues and a resultant loss of profitability.
A long-established security printing company with a high-profile brand in the UK print industry. With annual revenues around £60m and located across 3 UK sites, the business had market leading positions in various markets.