Photo by Ümit Yıldırım on Unsplash

Poor performers - a distracting drag and risk

Small stressed or distressed subsidiaries can be big problems when they compromise key corporate strategies 

Sector: Construction services

Situation: UK group focused on investment into a new green tech solution, but had a small service business which was loss making / distracting and complicating / endangering the capital raising exercise

Solution: Disposal to independent co control

Outcome: Cleared decks for focused presentation of main co innovation proposition to investors

Trading co trading stabilised and regrown under independent control