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.
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- 17/05/2012
COMPANY NEWS
- CBI Auctions; we decided to organize and hold ..
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- 17/05/2012
FORD Transmission Plant, Bordeaux France.
- Ford is modernizing their Transmission Plant ..
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- 11/05/2012
Xenterio - Offenburg
- CBI has aquired the assets of Xenterio - ..
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- 16/03/2012
Camito Technology Center AB (CTC) - Hästveda - Sweden
- COMPLETE FOUNDRY-ASSETS FOR SALE In 2008 ..
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