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
