Transaction Examples

Bentley Engineering in Leicester, England, manufacturer of Knitting Machines; Assets acquired out of receivership. Ceased manufacturing of knitting machines, concentrated on spares and services for the existing machines in service worldwide; rehired 80 ex-employees; added imported products as a replacement of the old products. Sold the new company after about one year to the Management and a Buy-Out Fund.



Mondiale'81, in Vilvoorde, Belgium, manufacturer of Machine Tools; Assets acquired from the receivers. Rehired 17 ex-employees. Converted the very large inventory into machines; regenerated the spare-parts and service business; sold the Intellectual Property Rights and dedicated Inventory for certain Product Lines to another European Machine Tool Builder, Added Machine Tool Trading and Rebuilding. Sold the Land and Buildings to a property developer and moved to an Industrial Site, where the activities continued in joint-venture with another European Machinery Trading company. Ten years later we sold our shares.



PRB, Belgium; when PRB (Poudres Réunis de Belgique) went bankrupt, we purchased all assets in 3 locations. Liquidated all defense related assets, developed the industrial sites, leased the buildings  and continued the Closed Die Forging activities in Mechelen under the name "Belgium Forge", as a supplier to the Truck, Tractor and Construction Machinery Manufacturers. We rehired 40 ex-employees, secured orders from most of the former customers. After 7 years we sold Belgium Forge to a Spanish Steel and Forging Group.



Dubied a Swiss based manufacturer of knitting machines went bankrupt and we acquired the assets out of receivership. We rehired 12 employees; revived the Service and Spare Parts activities. Liquidated all assets no longer required and moved the operations to a smaller facility. After 10 years the company ceased operations.