Advice in the context of the restart of Smit Ovens
Smit Ovens, active as a solar cell constructor, was at the time an investment of one of the Private Equity parties advised by Beaufort. The company ran into problems due to a setback in a multi-million order in Japan. Making the machines for the Asian customer ultimately ended up being more expensive than expected, making a bankruptcy inevitable. Beaufort assisted the PE party and the management during the restart, as a result of which the company could be bought back from the bankruptcy trustee. Since then, this innovative company has again shown great results.
For an informal conversation contact us
and discover how we can help you.