DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5

AlixPartners Selected As Advisors for Agrokor Restructuring

By Branislav Pekic
Share this article
AlixPartners Selected As Advisors for Agrokor Restructuring

AlixPartners have been selected as advisors for the restructuring of Croatian food-to-retail consortium Agrokor Group.

The company is a recognised leader in the corporate turnaround and restructuring industry. Five other international companies were also in the running for the contract: McKinsey, BCG, EY, KPMG and Roland Berger.

The decision to select AlixPartners was made by Agrokor trustee Ante Ramljak and his domestic partners, and their recommendation was subsequently approved by Croatia’s Ministry of Economy, Entrepreneurship and Crafts.

In cooperation with Agrokor, the company's focus will be on arranging interim liquidity, cash forecasting and management processes, to ensure a continuous cash-flow, and defining a plan with the company and its main shareholders for all divisions and business units.

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. Click subscribe to sign up to ESM: The European Supermarket Magazine

ADVERTISEMENT
Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.